Canara Bank has launched a new set of technology-enabled products such as mobile wallet, easyCash and P-serve. Canara Bank customers can make card-less and cash-less transactions at merchant outlets using the Canara m-wallet.
Using their mobiles with m-wallet application, customers can also make utility payments and use it for online shopping. Launching the new products, Chairman and Managing Director, R K Dubey said they were aimed at young and tech- savvy customers. Canara easyCash, an instant money transfer service, is designed to serve the migrant population which does not have access to formal banking channels.