ICICI Bank launches ‘Pockets’ digital banking service

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ICICI Bank today launched ‘Pockets’, a digital banking service, enabling users to instantly send money to any e-mail id, mobile number, friends on Facebook and bank account.

Anyone, including those who are not customers of ICICI Bank, can easily download the e-wallet from Google Playstore, fund it from any bank account in the country and start transacting immediately, ICICI Bank said in a statement.

This wallet uses a virtual VISA card which enables the users to transact on any website or mobile application in India, it said, adding that customers can also request for a physical card to use it at any retail outlet.

Users can choose to add a zero-balance savings account to the wallet, which will allow them to earn interest on their idle money, it said.

The universal wallet and the savings account are the first two products to be launched as part of the ‘Pockets’ digital bank, it added.

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