Infinia powers Ping Pay – India’s first multi-social payment app from Axis Bank Published-Jun 2, 2015
Axis Bank, India's third largest private sector bank, unveiled an innovative mobile application called Ping Pay that enables smartphone users to send money and mobile top-ups to friends through social and messaging channels such as WhatsApp, Facebook, Twitter, email and phone lists; in a completely secure environment.

Ping Pay is developed by Sound People - a SBU of UAE-based leading loyalty and payment solutions company - Infinia Services and Solutions. Sound People works with leading banks and PPIs to consult, design and develop mobile wallet and payment platforms. Ping Pay is a pioneering concept, in that it is India’s first P2P payment concept and a unique multi-social payment solution. Applying social media into its operations, Ping Pay has made is possible for banking transactions to align with new generation demands of everything convenient, secure and simple.

The process is simple. When one needs to send money, he/she selects a name from the contact list of friends in a social media application, and defines the amount to be transferred. A link is sent to the receiver, and once it is downloaded and the bank account details are entered, funds are transferred. The sender need not know the bank account number of the receiver. A receiver can also request for money from their friends using the Ping Pay application. This is possible even with those who don’t have an account with Axis Bank. The current transaction limit is Rs. 50,000 per transaction. Axis Bank account holders will also be able to send funds to non-Axis Bank consumers.

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