HDFC Bank launches PayZapp, a payment solution that will revolutionize the way payments and purchases are done on-the-go today using mobile devices. Download this App and pay with one click for all your spends, from mobile phone top-ups, to instant money transfers, bill payments, groceries, to even big-ticket purchases such as foreign holidays and designer clothes.
Within PayZapp is SmartBuy, a virtual mega marketplace that has every type of product available, from those that fulfil daily requirements to those that meet aspiration and needs, just the way a mall has.
The launch of PayZapp and SmartBuy is the latest initiative in HDFC Bank’s digital banking offering christened ‘GoDigital’. It aligns with the Bank’s core digital theme of ‘Bank aapki muthi mein’, which places the power of banking in the hands of the customer.
PayZapp and SmartBuy have unique features like In-app creation of NetSafe Virtual International Card. No restriction on daily / monthly limits as payments are done through linked cards. PayZapp ensures fast and easy checkout using a single PIN and maps the device with the card number to determine authenticity of a transaction enhancing security. PayZapp, users can transfer money instantly to anybody using mobile number, email ids . SmartBuy is a ONE-STOP shop offering best deals through e-commerce portals such as Flipkart
, Makemytrip, Cleartrip, Yatra, Big Basket, and DTH and has bill pay facilities.
Speaking about the new launch, Mr. Parag Rao, Business Head, Cards, Payment Products and Merchant Acquiring Services said, “PayZapp is path breaking. For the customer, whose world has now converged on his mobile device, this innovation will mean that he’ll be able to do every type of payment and purchase from a single App with a single PIN, whenever and wherever he wants, without worrying about prepayment and re-loading. Like all our innovations, the genesis of this platform is customer convenience. As part of our Bank aap ki muththi mein initiative, this product is another major digital leap. In fact, the customer will find PowerofBanking and the whole world in his muththi.”