ICICI Bank has introduced a cardless cash withdrawal facility which allows customers to transfer money from their account to anyone in India with a mobile number.
The recipient, even if he does not have a bank account, can withdraw money round the clock without using a debit card from over 10,000 ATMs of ICICI Bank.
“We foresee tremendous growth potential in the use of electronic payments in our country. ‘Cardless Cash Withdrawal’ provides an added facility in an array of electronic payment options that ICICI Bank offers to its customers.”