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HDFC Bank Ties Up With ngpay For Mobile Banking

By Nikhil Pahwa - Wed 07 May 2008 05:26 AM PST

HDFC Bank has finally thrown its hat into the mobile money transfer ring - the company has tied up with NGPay, the mobile payment solution from Jigrahak , reports ET. HDFC is offering a full suite of services including access to bank accounts, shopping, ticketing and payments. The service is application based, and the bank is also offering money transfer between bank accounts. Strangely enough, the ngpay site wasn’t loading on my MTNL connection.

Prior to HDFC Bank, ICICI Bank and Barclays Bank have launched mobile banking services. In related news, the Reserve Bank of India is set to release draft guidelines for mobile banking by the 15th of June, focusing primarily on safety and interoperability issues for mobile banking services.

Posted in: Mobile



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3 Responses:
  • From Chetan Wed 07 May 2008 09:02 AM

    HDFC Bank’s IT System is one of the most laid back department in Corporate India [Worse then SBI]. I requested for SMS Alert activation on my Credit Card and they couldn’t do it in 7 days [5 working days]. I finally cancelled the same. Customer Care Reps are very arrogant and don’t even have the god damm common courtesy to appologize on behalf of their IT Dept.

    Had a terrible experience with their online mutual fund investing segment as well.

    I will not expect any better service from HDFC Bank’s Mobile Commerce and will avoid it.

  • From Harshil Karia Wed 07 May 2008 06:24 PM

    Aren’t the shopping, ticketing, and payment options limited only to certain spheres?

  • From pbreddy Tue 17 Jun 2008 12:35 AM

    hdfe bank is a very good bank.

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