HDFC Bank debuts 1-click mobile-pay solution PayZapp

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HDFC Bank has launched PayZapp, a payment solution that will revolutionize the way payments and purchases by using mobile devices. Any payment can be done by ONE CLICK after downloading this App.

The launch of PayZapp and SmartBuy, a virtual mega marketplace that has every type of product available, is the latest initiative in HDFC Bank’s digital banking. 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.

Speaking about the new launch, Parag Rao, Business Head, Cards, Payment Products and Merchant Acquiring Services, said, “PayZapp is pathbreaking. 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.” As of FY 2014-15, 63% of all transactions at the HDFC Bank are conducted through digital channels… See more

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