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DakPay payments app now available for Android.
The Department of Post (India Post) has announced the launch of the DakPay payments app in India in collaboration with its banking arm India Post Payments Bank (IPPB). The new platform aims to offer users a wide range of services including door-step banking. DakPay will provide digital financial and assisted banking services provided by India Post and IPPB through the postal network across the country.
Using the DakPay app, the users will be able to facilitate services such as sending money, scanning QR codes and making payments for services and merchants digitally. Apart from this, the app will also provide interoperable banking services to the customers with any bank in the country.
India Post rolls out digital payments app DakPay
Union Minister for Communications, Electronics & IT Ravi Shankar Prasad launched the app, pointing out that this only adds to India Post’s legacy of reaching every household.
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DakPay will also provide interoperable banking services to the customers with any bank in India. (Photo | PTI) By Express News Service
NEW DELHI: The rush to grab a pie of the rapidly growing digital payments market has not been limited to the private sector.
On Tuesday, the Department of Post (India Post) and its banking arm India Post Payments Bank (IPPB) rolled out their own payments application called DakPay a platform offering a wide range of services including door-step banking.
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The Department of Post (India Post) and the India Post Payments Bank (IPPB) on Tuesday launched a new digital payment app ‘DakPay’ for its customers to operate their banking service online.
The Department of Post (India Post) and the India Post Payments Bank (IPPB) on Tuesday launched a new digital payment app âDakPayâ for its customers to operate their banking services online. The app was unveiled as part of its ongoing efforts to provide Digital Financial inclusion at the last mile across India by Union Communications and IT Minister Ravi Shankar Prasad. DakPay will provide digital financial and assisted banking services provided by India Post and IPPB through the postal network across the country. It will facilitate services such as sending money, scanning QR code and making payment for services and merchants digitally.