Mobile-based payment app Chillr is set to tie up with a large number of public sector banks soon. Currently, the app is being used mainly by customers of HDFC Bank with whom it tied up earlier this year.
The app enables sending money from your bank account to anyone in your smart phone contact list even without knowing their bank account number.
The Chillr app is on course to tying up with about 15 top banks in the country by the end of the fiscal, Sony Joy, Co-founder and CEO, MobME Wireless Solutions, said.
MobMe, the incubator of Chillr, was started in 2006 as a start-up for creating apps for telecom companies. Subsequently, the desire to own customers, tap into the network of multiple companies and customers using their product led to the Chillr project in December 2013, Sony said.
The app has so far seen about three lakh downloads since its launch in February this year, Sony said. Around 2.6 lakh transactions worth about ₹13.5 crore have taken place so far. The app rides on the IMPS platform and facilitates immediate and easy transfer of funds and settlement of payments between different types of users, Sony said.