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Kolkata-based United Bank of India (UBI) has rolled out its merchant payment service on mobile phones using the IMPS (immediate payment service) merchant payment service offered by the National Payment Corporation of India. The service will now allow customers to have round-the-clock (24x7) merchant payment services including mobile recharge, utility payments and ticketing facilities.
The merchant payment service on mobile phones was inaugurated at the bank’s headoffice by Sanjay Arya Executive Director of the bank.
UBI has all the alternate banking delivery channels (ATMs, debit cards, Internet banking & mobile banking) and plans to route over 50 per cent of its total transactions through these modes, Arya was quoted in the bank’s release.
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