“With over 9 crore active internet banking subscribers where over 8 crores are active on mobile internet, it is assumed that banking of the future lies in the digital banking. The concept of banking anywhere anytime has evolved with the invention of internet banking app.Padma Bank is also on its way to provide one step solution from bank statement to paying utility bills with adoption of internet banking app.
It understands the importance of digital generation’s needs and wants as such will roll-out products and services through Mobile Financial Services and integration of bank account with digital wallet. The mobile app will be like a bank in the pocket as customers will be able to pay their instalments, transfer funds from one account to another, recharge their mobile account, pay utility bills, credit card bills etc.”
