ICICI Bank, India’s largest private sector bank, announced it is joining Movida, the Visa and Monitise venture that seeks to help customers buy with their mobile phones, a press release for the company said.
ICICI Bank customers will now be able to use Movida’s mobile payments service.
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“This service by Movida will ensure [customers] can get immediate access to a secure and simple solution that can be utilized even without an active Internet connection,” ICICI Bank’s executive director, Rajiv Sabharwal, said in a statement.
Read the full press release here.
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