Ping Pay: A Multi-social Mobile App from Axis Bank

Today we live in the world of social media which is basically the part of so-called emerging Digital world. People are using digital media for everything. In recent years, we have seen various innovations in online banking domain & NCPI's IMPS or Immediate Money Transfer is one the most popular innovation last year. All  banks are also trying to use social media as an option or substitute for the traditional way of banking. Recently I have been invited for one of the similar initiatives by the one of the major private bank in India "Axis Bank " which is also one of the  FORBES Fortune 2000 companies in the world this year. I was one of the privileged bloggers from Mumbai who got the opportunity to interact with the IT & Development team of Axis bank which includes the creator of their newly launched mobile App.

"Axis Digital" event was conducted by Axis bank in association with Blogadda at their corporate office.

Bloggers Interacting with Axis Bank Official

Brief About "Ping Pay App":
PingPay is a multi-social application by Axis bank, which allows its user to transfer funds seamlessly to anyone they are connected to using WhatsApp, Facebook, Twitter, Email & phone contact list.

It provides a unique multi-social payment solution to enable customers, especially the youth & smartphone users more frequently for money transfer, mobile recharge using social messaging channels.

Ping Pay has been developed in partnership with Fastacash, a Singapore based, venture-capital backed firm. It's technology enables value(money, airtime, coupons, etc) transfers, along with digital content across any social or messaging platform. It comes up with various security features like SIM locking, Device locking, OTP which ensured that all your transactions are safe & secure.

How To Register on PING PAY- Registration Process 

You need to download the app from play store, then follow the below infographic to register your account on Ping Pay.

Features of PingPay -Social Banking: 

1. You can Send Money socially 
2. You can ask Money socially
3. You can send Recharge socially
4. You can ask Recharge socially
5. You can Open a Saving Account with Axis
6. You can check your account balance anytime on Ping pay

In my opinion, such application provides  people to be more digitally & socially connected.

Also, serve as a better platform & rich user experience in terms of banking. Ping Pay act as an entry point for Non-axis customers as well, which is actually a good way to get new customers. Overall the event was very interacting, we asked lots of queries on application features & usability. Some bloggers gave ideas to improve & add features like bill payments apart from recharges to be used as a utility bill payment solution for all services. Axis officials confirmed that they are working on next release & will surely come up with more features in next version. So stay tuned for my next post on Axis bank. 

Hope this application will change the way we do banking. Are you using PingPay for money transfers & recharges, please do share your experiences in the comment section. 

This post is about 'Digital Axis' meet conducted by Axis Bank in association with BlogAdda.com 

My Family My Pride - Sar Utha ke Jiyo !

I belong to a middle-class family & son of an Ex-Army personnel. Being military personnel, you need to do many social sacrifices, I have seen my father doing the same. He taught me how to handle the situations & create balance between social life and profession. Sometimes my father was in such places like Assam or somewhere near  border were army person don't prefer to bring their family. We used to live away from him. During this time, my mother managed everything on her own. It always gave pride to us that our father is at border saving our country from terror and we all are safe in our society because our army is guarding us against all kinds of danger. It has always encouraged me to do something for our society & our country. My father is an inspiration to me, whenever he used to return from border on holidays, I always asked him, why don't you stay with us, he always replied with the same answer "Son, you need to learn, how to live independently and also need to take care of your mother as well, look I am working for the pride of our country, so you need to grow up and take care of your family at least!! His answer always instilled a habit of independence and self-pride within me.

We all know, that the right direction makes things easy. As the time passed, I completed my schooling, later got admission in engineering college away from home, during this period my father got retired from Army & he did everything to get me into a good engineering institute. I would always thank him for his all sacrifices, he did for my studies, my tuition fees, exam fees & monthly expenses.

As someone said, "A hand that leads you through the path of life, will always lead you to your ultimate destination". Same happened with me after the engineering degree, I got selected for a multi-national company, despite recession period in the IT sector in 2009 (The year I completed my graduation). Now I am working as an IT Consultant for a French firm in Mumbai, having more than 5 year of experience. Now I am living independently, supporting my family in all manners.

I can correlate my story with one of the latest campaign of HDFC Life, which is active in social media & television recently which says, "Apno Ko Apne Dum Pe Jeena Sikhao" & popular on twitter with hashtag #MyFamilyMyPride. It's really heart touching & truly inspiring.

We all have someone in our family who we are proud of & find him as a mentor for whole life. This ad film portrays the father-daughter relationship beautifully. The encouraging father instills a habit of independence in her for her live performance in spite of having one prosthetic leg, she can survive whole live independently. A true message for all of us to learn.

New Era of Banking :Social Banking #Jifi Is here

Now days Social Media has covered  all domains weather it is Television ,Advertisement ,Media ,Online Shopping ,Digital Marketing ,Education ,Entertainment ,Music ,Sports everything .Than how come Banking is remain untouched .Now all Major International & domestic banks have started using Social Media in some manner to promote & attract customers .

In process of making money simple ,Kotak Mahindra Bank  has recently came up with  Kotak Jifi Account ,which is a kind of  non-interest bearing account ,however it does not have any minimum balance requirements .Also have facility of automatically creating  term deposits if your balance crosses Rs 25,000 ,your spare cash will earn high interest .
Also when you sign up for Jifi account you will get Kotak Money Watch -Platinum subscription free for 1Year , 25 Loyalty point on transactions of more than Rs 500,Referral rewards I have already mentioned .

How its related with Social media is you can only open this account via your face book account or mail invitation ,however Facebook account is compulsory to open Jifi account as of now .

You can use Twitter ,to know your account balance ,transaction history & many more activities .

You will also get Rewards points if you refer your friend for Kotak Jifi account .

To know more ,how banking has become social now ,please visit Kotak Official website for Jifi account .
 http://www.kotakjifi.com

Friends this is what I am talking about ,the new world of banking ,where people will not use only social media for chatting , messaging & entertainment ,but they will include their daily overheads & bit complex activities such as banking,shopping,bill payments etc through social media .Today everything will be now just a tweet away .

Kotak Mahindra ,ICICI ,SCB ,Citibank are some leading banks which are promoting  banking activities via social media ,Where in Kotak Jifi & ICICI Pockets are most popular among social media .

We will be waiting for the time ,when we will be able to use Net banking by just logging to our social media account ,like we do IMPS transfers now days  by using mobile banking .