ICICI Bank launches ‘Pockets’, India’s first digital bank on a mobile phone
Ms. Chanda Kochhar MD and CEO, ICICI Bank launches "Pockets", India’s first digital bank on a mobile phone in Mumbai.
ICICI Bank today announced the launch of ‘Pockets’, India’s first digital bank for the youth. Anyone, including those who are not customers of ICICI Bank, can download the e-wallet from Google Playstore, fund it from any bank account in the country and start transacting immediately. This wallet uses a virtual VISA card which enables the users to transact on any website or mobile application in India. Customers can also request for a physical card to use it at any retail outlet.
“Today’s youth wants everything instantly, on the go. ‘Pockets’ addresses this need by allowing anyone to open an account on their mobile phone in an instant and start transacting immediately. We believe that Pockets will help shape the future of digital payments in the country,” said Chanda Kochhar, Managing Director & CEO, ICICI Bank.