• Rajasthan

    Cong 99
    BJP 73
    RLM 3
    OTH 24
  • Madhya Pradesh

    Cong 115
    BJP 108
    BSP 2
    OTH 5
  • Chhattisgarh

    Cong 68
    BJP 15
    JCC 7
    OTH 0
  • Telangana

    TRS-AIMIM 95
    TDP-Cong 21
    BJP 1
    OTH 2
  • Mizoram

    MNF 26
    Cong 5
    BJP 1
    OTH 8

* Total Tally Reflects Leads + Wins

Federal Bank partners Chillr for cashless transactions

By: | Published: August 18, 2016 4:15 PM

Federal Bank today announced its partnership with with Chillr, a mobile banking application, to provide cashless transactions.

"All transactions on Chillr are initiated directly from the users' bank accounts and authenticated by a PIN provided by their banks," Federal Bank said in statement. (Source: Federal Bank)“All transactions on Chillr are initiated directly from the users’ bank accounts and authenticated by a PIN provided by their banks,” Federal Bank said in statement. (Source: Federal Bank)

Federal Bank today announced its partnership with with Chillr, a mobile banking application, to provide cashless transactions.

Chillr, India’s first and only multi-bank mobile application, allows users to connect seamlessly with multiple bank accounts and manage all their banking needs on a single platform, making money transfer between bank accounts easier, faster and safer than sending a text message.

“All transactions on Chillr are initiated directly from the users’ bank accounts and authenticated by a PIN provided by their banks,” Federal Bank said in statement.

The Kerala-based private sector further said that “the mobile banking app integrates with banks directly and provides total security for all transactions. The easy to use app is available on Android, Windows and iOS operating systems.”

The facility is already available to all customers of Federal Bank, it said.

“We have always believed that digital services will herald a paradigm shift in banking services. The bank has always striven to be ahead of the curve by launching a bouquet of on line services,” Babu K A, Head of Digital Banking at Federal Bank said.

Sony Joy, CEO, Chillr and Co-Founder, MobME Wireless Solutions, said, “Our mission is to re-imagine banking and financial services in India by challenging the monopoly of cash and Federal Bank will be a key partner in this.”

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