Canara Bank has launched customer-centric digital initiative which enables ‘any Bank customers to link and operate their various Bank accounts using a single app’.
Bank launched Unified Payment Interface [UPI] App named ‘empower’, at its board of directors’ conclave held at Bengaluru on August 29. The mobile app works on NPCI platform and enables any bank customers to pay and collect using this single app.
The mobile app was launched by T N Manoharan, Chairman, and Rakesh Sharma, MD & CEO, in the presence of board of directors of the Bank.
According to MG Ajayan GM (IT) and CIO of bank ,Canara Bank is one of the pioneer bank in launching UPI app for the public. This mobile app is available for download from Google play store.
The app facilitates the bank customers to create a virtual payment address to Pay and Collect Money from anyone without disclosing their account related information, link their bank accounts across banks in a single app, transfer funds using mobile number, account number and IFSC and Adhaar number, know their account balance, register for mobile banking on-the-fly within the app itself, generate MPIN, view recent transactions, etc.
Non-Canara Bank customers can also use this application to link accounts held in other banks and use it for a host of financial and non-financial services.