Updated By: LatestGKGS Desk
ICICI Bank holder can use ‘Social Pay’ service from bank’s Money2India (M2I) App to transfer money.
NRI’s can now be able to easily transfer money to their families & friends etc in India by using this service.
To complete the payment process, the amount receiver needs to update his/her bank account details through a secured link which the M2I user generates.
The amount receiver needs to click on the transaction link and enter the 4-digit passcode shared by the sender and then enter bank account details.
Once the amount receiver submits his/her bank account details, the sender gets a notification of the same on the app.
Sender then verifies and validates the bank account details of the recipient on the app and confirms the same.
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