DCB Bank launches Cippy Wallet app for 'cash free' payments

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Press Trust of India New Delhi
Last Updated : Dec 02 2016 | 9:13 PM IST
Hopping on to the cashless drive, new generation private lender DCB Bank today launched Cippy Wallet app for digital payments.
The company in a release said Cippy provides cash-free convenience for day-to-day needs for everyone. This mobile and tab based digital wallet encourages consumers to experience cash free purchases through mobile phones.
It offers a split bill feature allowing users to share it with friends and family.
"Now, any payment that is either made using Cippy Wallet app or other modes such as card or cash can be easily split between groups with a single click on the mobile phone," DCB Bank said.
The bank said Cippy Wallet offers an easy transition to digital payments from cash payments in the wake of demonetisation of Rs 500 and Rs 1,000 notes.
Cippy enables cash free payments by using the mobile phone camera to scan the mVisa QR code at the retailer or service provider.
Speaking about Cippy Wallet, Praveen Kutty, Head Retail and SME Banking, DCB Bank, said: "I believe a large section of customers will use Cippy and experience the ease of cash free transactions and be part of the digital revolution sweeping across India.

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First Published: Dec 02 2016 | 9:13 PM IST

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