PAYMENTS

Customers have various payments required to be done in day to day life. This requires customer to transfer money from one account to another account of an individual. The transfer of money could be towards payment of fees, payment of utility bills, vendor payments, salary payment of individuals etc.

The digital banking application simplifies the user’s requirement of transferring funds from one bank account to others. By using the payments module of the digital banking application, users can transfer funds between accounts (including their own as well as to other accounts held within the same bank or outside the bank either domestically or internationally) at their convenience in a simplified manner.

The following sections in this document detail all the features offered to users through the payments module of the digital banking application.

Features Supported In Application

Payment features supported in application includes:

• Favorite Transactions
• Payee Setup
• Biller Setup
• Repeat Transfer
• Make Single Payment
• Make Multiple Payments
• Adhoc Payment
• Single Bill Payment
• Multiple Bill Payments
• Demand Draft Issuance
• Upcoming Payments
• Payment Inquiries