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Make Instant Fund Transfers Through Social Media

Wednesday, 11 February 2015, 01:29 IST
By SiliconIndia
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Pocket By ICICI: ICICI Bank has launched Pockets to offers convenience of banking on facebook to its customer. This app uses Facebook credentials to log into their respective facebook accounts to make banking more flexible and fun. You need to generate a coupon for the required amount and send it to your facebook friend via personal notification. Your friend will be automatically redeemed the same instantly in his or her bank account by authenticating it.    



Security Concerns: Both the applications are safe to use as they are owned by well known banks. But still you have to ensure with some security issues related to your PIN and debit cards. If you are transferring through your debit card to your friend’s debit card you must concentrate on typing correct 19 digit debit card number to enjoy a hassle free transfer of fund.



Posting cash through facebook carries a lots of benefits. Unlike traditional transactions, you don’t need to wait to add cash to the receiver as it is done instantly. You need to collect the details like bank’s name, receivers name, mobile number, One time password and MMID while transferring the funds. Start enjoying your facebook account with its enhanced applications in making transactions.



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