Business Daily from THE HINDU group of publications
Tuesday, May 13, 2008 ePaper | Mobile/PDA Version
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Business Daily from THE HINDU group of publications Tuesday, May 13, 2008 ePaper | Mobile/PDA Version |
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Update at 1900 hrs (IST)
Banking & Finance Max New York Life launches mobile payment service NEW DELHI: Max New York Life (MNYL) on Tuesday launched a payment solution using which policyholders can make premium payments through mobile phones. This new service is an attempt at streamlining timely payments by policyholders to ensure that they re main financially protected throughout the term of the policy, said MNYL Executive Director Sunil Sharma. "Our customers can now use this ubiquitous channel and transact on a 24X7 basis,'' he said. Powered by Citibank and Mchek (mobile payments company), the solution would enable policyholders to pay their renewal premiums, subscribe to and top-up investments in Unit Linked Insurance Plans. - PTI
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