• Skip to content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Munni of all Trades

Award winning Lifestyle and Travel Blog by Khushboo Motihar

  • Home
  • About
  • Travel
  • Lifestyle
    • Book review
    • Car Review
  • Beauty
  • Finance
  • Social Work
  • Ramblings
  • Contact Me

Axis Bank’s Ping Pay

June 8, 2015 by Khushboo 16 Comments

Share
Tweet
Pin
+1
Share
0 Shares
Apps have become an irreplaceable of our lives haven’t they? But there are some things that we are too scared to do on our apps. Transferring money for example because we feel that it is not secure. But with Ping Pay, things are going to change. Let’s have a look at some of its features. I attended a blogger’s meet to learn more about this exciting app.
 
Ping Pay is a unique multi-social payment solution to enable customers, specially the youth and smart phone users, to transfer money and mobile recharge, person-to-person, including to non-Axis Bank account holders, using social and messaging channels like WhatsApp, Facebook, Twitter, Email and Phone Contact lists.
The person-to-person fund transfers through Ping Pay would happen via NPCI’s Immediate Payment Service (IMPS) and currently the transaction limit is at INR 50,000 per day. IMPS offers an instant, 24X7, safe and convenient interbank electronic fund transfer service through mobile phones.
Ping Pay is seen as a strategic step by Axis Bank in bringing superior customer convenience, embedded in a seamless and secure process, to one of the most important online financial transactions viz. funds transfer, and in the process fast-pacing India’s progress towards becoming a cashless economy. India is largely a prepaid mobile market – the Ping Pay app also enables sending person-to-person mobile recharges, tapping into a huge opportunity.
Axis Bank account holders can download the Ping Pay app and sign up for the service using their registered mobile numbers and associate their Axis Bank internet banking credentials or ATM/ Debit Card to send money and mobile recharges. Funds and mobile recharges can be sent to any bank account holder.
The app provides an innovative, gesture based user experience that enables money transfers without having to type in the account number and the IFSC code. Sending or requesting money or mobile recharges with the Ping  takes a few simple steps. When sending money, the user chooses a social or messaging channel and selects the name of the person to whom the money is to be sent. 
 
They enter the amount to be sent and set a “ping code” that is shared separately with the receiver. Upon confirming the transaction, the money is immediately sent and the receiver gets a message across the social or messaging channel selected by the sender. The receiver has 15 days to transfer the money to his/her bank account using IMPS. In the event, the receiver does not claim the money received within 15 days, the transaction would be auto-reversed to the sender’s account. Ping Pay also has ‘Ask for Money’ and ‘Ask for Recharge’ options, which would allow the receiver to put in a request for funds and also seek recharge from their friends and family.  It is the only banking social payment application which allows users to share digital content like text, images, audio and video, while sending/asking for money/mobile recharge.
Hope this post was able to introduce you to a new app and clarify your doubts 🙂

Share this:

  • Facebook
  • Twitter
  • Google
  • Pinterest
  • LinkedIn
  • Reddit
  • Print
  • WhatsApp
Share
Tweet
Pin
+1
Share
0 Shares

Filed Under: Finance Tagged With: Axis Bank App, Axis bank Ping Pay, Finance, Personal Finance

Reader Interactions

Comments

  1. Pooja Mahimkar says

    June 10, 2015 at 6:14 am

    Although we live in a digital era I am still very scared of banking online or doing anything to do with money online. This app seems like an interesting new thing.

    Reply
  2. Revenian Serenalexia says

    June 10, 2015 at 11:03 am

    I've heard about this technology before but for me, I'm still scared by the fact of doing online banking transaction. Even if I have my own account of sms banking and internet banking, but I seldom to use them. Prefer the conservative way, though.. 🙂

    GigLove,
    FiaRevenian

    Reply
  3. Popiah C says

    June 13, 2015 at 4:15 pm

    we have similar apps here too but I haven't sign up for any of it because I am still wary of potential security breaches.
    http://popiahc.blogspot.com

    Reply
  4. Beauty Blogette says

    June 15, 2015 at 1:39 am

    Interesting app. I have never heard of it before.

    Reply
  5. ♥Sarah♥ says

    June 15, 2015 at 3:04 am

    Never heard if this app before, it does sounds amazing and is convenient! =)

    Reply
  6. Kylie wenn says

    June 15, 2015 at 4:10 am

    Very interesting on Ping Pay.., Never heard of this app before, but it really looks nice!

    Reply
  7. Fatemah Sajwani says

    June 15, 2015 at 7:10 am

    Online banking is the next big thing but people are still scared of using all the online services. Great post.

    Reply
  8. Isabella Wong says

    June 15, 2015 at 8:46 am

    The only apps I have are the bank's own ones as I still prefer to pay online rather than through apps :p But this sounds interesting x
    | Life as a Petite || Fashion, Crafts & Lifestyle Blog |

    Reply
  9. Mia Foo says

    June 15, 2015 at 2:54 pm

    wow, it sounds really convenient! but i'm not a fan with such convenient services when it comes to funds transfer. internet banking is my limit. i won't even venture into mobile banking.

    Reply
  10. Tamanna Islam says

    June 15, 2015 at 5:08 pm

    wow such an interesting service! its gonna make life so much easier. I haven't seen such app in other bank before!

    do drop by… GreenStory
    Join me on Facebook

    Reply
  11. iCynosure Blog says

    June 15, 2015 at 5:47 pm

    I missed this event due to a prior commitment, loos like i missed a great one.
    – Heena, http://www.icynosure.in

    Reply
  12. Nicol says

    June 15, 2015 at 7:32 pm

    this sounds like it'll be helpful in the long run but there will be doubts

    Reply
  13. Leesha Starr says

    June 15, 2015 at 8:32 pm

    I've been hearing loads about Ping Pay but not really looked into it or even know what it is. Thanks for sharing.

    Reply
  14. Autumn says

    June 15, 2015 at 11:58 pm

    Interesting! It's sorta like paypal… I use online banking quite a lot and I'm not really worried about it!

    Reply
  15. Maria Clara Novita Kusumahati says

    June 16, 2015 at 6:13 am

    i dont think if this easy system able in my bank country.
    this is so great innovative 😀

    Reply
  16. jessica ie says

    June 16, 2015 at 11:37 pm

    Wow.. Sounds like a nice new application I've never heard before 😀
    Thanks for sharing ^^ Unique! 🙂

    Thanks for sharing <3

    VISIT MY BLOG❤

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Search

Subscribe

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Let’s Connect

  • Facebook
  • Google+
  • Instagram
  • Twitter

Like Us on Facebook

Munniofalltrades

Most Popular

  • Why should you incorporate soy proteins in your child's diet? Why should you incorporate soy proteins in your child’s diet?
  • Harnessing the power of a half billion Indians Harnessing the power of a half billion Indians
  • A day with the elephants of Manas National Park A day with the elephants of Manas National Park
  • Live the River at Dwijing Festival 2019 Live the River at Dwijing Festival 2019
  • Slimsonic/ Rejuv and Instant Wow Kit by VLCC: Review Slimsonic/ Rejuv and Instant Wow Kit by VLCC: Review
  • All you wanted to know about Bajaj Allianz Future Wealth Gain All you wanted to know about Bajaj Allianz Future Wealth Gain
  • HairX Restore Therapy Split Ends Serum: Review HairX Restore Therapy Split Ends Serum: Review
  • Oriflame HairX Restore Therapy Shampoo & Conditioner: Review Oriflame HairX Restore Therapy Shampoo & Conditioner: Review
  • Let’s talk about Intimate Hygiene with Medimix Ayurvedic Wash Let’s talk about Intimate Hygiene with Medimix Ayurvedic Wash
  • The Mom’s Co Natural Body Butter: Review The Mom’s Co Natural Body Butter: Review
Winner of The Indian Blogger Awards 2017 - Regions

Footer

About Khushboo

I am a 25 year old blogger who believes in the power of story telling and using personal experiences to blog about things close to my heart. I started Munni of all Trades 4 years back to share my ideas, thoughts and views on things that I am passionate about. I blog about things that make me happy and by extension my readers, too.. Read More

Instagram

  • Instagram Image
  • Where do you think @taleof2backpackers and I are and what are we up to? 
Thank you for the picture @everycornerofworld 
#TravelBlogger #ambassadorofbodoland #AssamTourism #TravelDiaries
  • I can describe this picture by talking about my unruly hair, tired eyes crooked teeth and double chin.

Or I could tell you how happy I was to be in Kerala after the floods to support the tourism industry. 
We often focus on our flaws so much that we forget the happiest moments of our life. 
While striving to look perfect for the world one should not forget that it is our "flaws" that make us so unique. How do you #FlauntYourFlaw? #TitanRaga @titanwatchesindia

Picture credit: @curls_onboard
  • So how do you bathe an #elephant?⁣
⁣
Step 1: Be very scared initially, freak about slipping and falling into the pond ⁣
Step 2: Talk to your friends and tell them you want to go⁣
Step 3: A wise friend, @indranipics will step up and tell you "Do it or you will regret it"⁣
Step 4: Keep your camera aside and gingerly make your way to the pond⁣
Step 5: Reach out to Ratnamala who is very playful and loving ⁣
Step 6: Throw caution to the winds and touch Ratnamala⁣
Step 7: Scrub Ratnamala with grass which makes her trumpet in pleasure⁣
Step 8: Get drenched when Ratnamala decides that she wants to bathe you too⁣
⁣
Loved being by Ratnamala and Jaymala at the Smiling Tusker Elephant Camp during my trip to #Assam as the #AmbassadorOfBodoland. ⁣ 
Photo credit @worthashott ⁣
#ElephantsOfInstagram #ElephantLove #ambassadorsofbodoland #dwijingfest#AwesomeAssam #BodolandTourism #detourtodwijing #forahappymoment #nature_brilliance #EarthVisuals #artofvisuals #welivetoexplore #natureaddict#naturediversity #ourplanetdaily #Munniofalltrades #TravelBloggerIndia #AssamTourism #ManasNationalPark #EliLove
  • It is believed that weight loss is a combination of eating right and exercising. I  have been using soy in my and my family’s diet increasingly to improve our protein intake. Soy is particularly good for your children and their overall growth. Do read my latest blog post that talks about why it is important to incorporate soy proteins in your child’s diet. 
P.S. This picture is with a local farmer at Lonavala who grows organic vegetables including soy. Healthy eating and healthy living is possible thanks to everyday heroes like him. 
#SoyIsGood #Munniofalltrades #OrganicLiving #HealthBlogger
  • "I make these for children. Both boys and girls. They love them. Girls take better care of them but boys are good for business because they break these easily. Tomorrow I am going to my village and I am trying to sell as many as possible. I am waiting for the school to be over. ⁣
⁣
You will put the pictures of pots on Facebook? Paint them first and they will look prettier. Pink, blue, green, yellow but not red. They are already red."⁣
⁣
#RandomConversations #TravelDiaries #Mumbaikars #HumansOfBombay #PottersOfMumbai #MunniOfAllTrades #ConversationsWithStrangers #Pottery #MumbaiBlogger #InstaPortrait
  • Our imperfections make us unique and beautiful. I have crooked teeth which made me conscious of smiling as a child. I have finally learnt to accept them as they were. It is not easy as it sounds especially when you were constantly made fun of in school. These days I smile for no reason. ⁣
⁣
⁣
Which imperfection are you proud of?⁣
⁣
#ContestAlert Participate in this contest by Titan Raga. ⁣
⁣
Tag @titanwatchesindia with #FlauntYourFlaw and tell us how you flaunt your flaw and you could win exciting prizes! #Titanwatches #TitanRaga #Watchesforher #watchesofinstagram #watches #watchfashion #Munniofalltrades #GiveawayAlert #ContestIndia
  • ⁣
Spent a happy afternoon learning about the traditional fishing techniques with Bodo women. The small basket called ‘Kobai’ that you can see is used to keep the fish and the 'net' called ‘jekai’ is used to catch small fish. ⁣
⁣
How many fishes did we manage to catch you ask?⁣
⁣
Only one because we kept asking these lovely ladies to pose for us :D⁣
⁣
⁣
#BodolandAmbassadors #AssamDiaries #Munniofalltrades ⁣
#instapassport #aroundtheworldpix  #ig_masterpiece #lashesofdelight #travelog #mytinyatlas #visualmobs #theglobewanderer #forahappymoment #EarthVisuals #artofvisuals #welivetoexplore #natureaddict#naturediversity #ourplanetdaily e #instanaturelover  #ambassadorsofbodoland #dwijinfest#AwesomeAssam #BodolandTourism #detourtodwijing #FishingInBodoland #FishingInAssam
  • Meet Jyotsna who works for a local non profit at #Bongaigaon to promote livelihood opportunities. It was a pleasure watching her weave #Dokona, a traditional attire for women in #Assam. 
#BodolandTourism #AssamDiaries

Search

Copyright © 2019 · MUNNI OF ALL TRADES | Blog Set Up By KAUSHIK