India Post Payments Bank Launches Digital Payments App Dak Pay

 

 

The Department of Post and India Post Payments Bank (IPPB) on Tuesday, December 15, 2020, released its digital payment app Dak-Pay in a virtual way. The India Post Payments Bank has given this information in an official statement. The statement of IPPB said that this Dak Pay app has been launched as part of efforts to provide digital financial services to the last corner of the country.

 

The IPPB has stated that it is not just a digital payment app but it will help in digitally providing banking services made available by IPPB to various societies across the country through the postal network. Through this app, sending money to your loved ones (domestic money transfers) can be done by scanning the QR code to pay-services and merchants digitally, cashless ecosystem and utility bills through bio-metrics.

 

During the launch of the Dak Pay app, Union Minister Ravi Shankar Prasad said that the IPPB provided doorstep financial services during the lockdown imposed due to COVID19. Apart from this, IPPB has provided postal services in various ways. The Union Minister Ravi Shankar Prasad said that India Post's legacy has grown further with the launch of Dak-Pay. Union Minister Ravi Shankar Prasad said that through this innovative service, customers will have online access to banking services and postal products. This is a unique concept for online ordering and postal financial services to the doorstep. He is very hoped that through this app, IPPB's online payment and home delivery of financial services will double.

The Department of Post and India Post Payments Bank (IPPB) on Tuesday, December 15, 2020, released its digital payment app 'Dak-Pay' in a virtual way. The India Post Payments Bank has given this information in an official statement. The statement of IPPB said that this Dak Pay app has been launched as part of efforts to provide digital financial services to the last corner of the country.