‘iMobile Pay’ – ICICI Bank

Published on December 08, 2020

Current Context: ICICI Bank has come up with an app called ‘iMobile Pay’.

‘iMobile Pay’ – ICICI Bank

This app is launched by transforming the ICICI Bank’s state-of-the-art mobile banking app, iMobile.
The ‘iMobile Pay’ is developed to offer payments and banking services to customers of any bank.
It offers the facilities of payment app like allowing customers to pay to any UPI ID or merchants, bills payment and perform online recharges with instant banking services like a savings account, investments, loans, credit cards, gift cards, travel cards etc.
With the help of ‘iMobile Pay’ the user can transfer money to any bank account, payment app and digital wallet.
It also offers the feature of ‘pay to contacts’ which allows the users to automatically see the UPI IDs of their phone book contacts, registered on the ICICI Bank UPI ID network, of any payment app and digital wallet.
Static Part:

HQ of ICICI Bank: Mumbai
MD and CEO of ICICI Bank: Sandeep Bakshi

Question:

Q.1 Which bank launched ‘iMobile Pay’ app?
a. IDFC First Bank
b. IDBI Bank
c. Indian Overseas Bank
d. ICICI Bank