ICICI Bank Launches Eazypay Mobile App
The Eazypay mobile app was launched by ICICI. This app allows for free mobile transactions and proves to be beneficial for all retailers, dealers and professionals as this app helps them to receive instant cash payments to their customers by selecting any options available in most digital modes. Eazypay provides users with the necessary assistance in making payments on their mobile phones using any of the options from UPI, credit or bank card, Internet Banking or Pockets which are ICICI wallets.
Eazypay is the first Indian mobile app launched for the purpose of serving retailers. This app is easy to download for all ICICI bank account holders. Even those who do not have an account with ICICI bank can use this application by opening an account with the bank. This app is in operating mode for all Android Smartphones and is also available with the iOS app.
Since the introduction of demonism in the Indian Economy, ICICI bank has taken steps to move to the digital economy, Eazypay is one such initiative by ICICI bank. It helps many retailers across India as it helps them to accept Digital Payments for free and there is no price limit on the collection. Some of the best features of this app are:
This app is useful for fundraising in stores and works well for collection at home delivery, phone sales and other cash at delivery times.
Vendors get instant confirmation of all SMS transactions and transaction history can be made available in the app.
There is no limit to daily or monthly payments. Any amount can be accepted using Eazypay.
Payment date by UPI can be set as the merchant’s choice. The instant payment option with the latest date up to 45 days is available.
This app is packed with a unique ‘sub-merchant creation’ that the app can be used by 30 merchant employees to collect payments with their smartphones.
To use this application, there are two steps to the registration process as described below:
Download the Eazypay app on your smartphones. The mobile number used for the application must be registered with the ICICI bank. When you download the app, it downloads all the information needed for your current accounts connected to the same mobile number. All of this can be done by submitting any type of documentation or by visiting a bank branch. All Trend Live
The next step will be to create an MPIN to log in to the app. Going forward, the seller needs to create his own UPI ID which will help him to accept payments through the UPI. This ID is called a financial address created for the purpose of receiving payments. The whole process does not require you to disclose your 16-digit bank account number and IFSC 11-digit IFSC code.
After completing this process, merchants can start using this app to accept payments. Only one unique mobile phone registration can be performed and this is compulsory by the bank via MPIN at all login. This keeps Eazypay safe and secure for users to use.