• First bank to achieve it

Mumbai: ICICI Bank, India’s largest private sector bank, today announced that it has crossed the milestone of 1 lakh Virtual Payment Addresses (VPA) on ‘Unified Payments Interface’ (UPI) within three weeks of its launch. The bank is the first to do so.

In a bid to further enhance the usage of UPI, the bank has also announced partnership with Aditya Birla Fashion and Retail Limited (ABFRL) and Hindustan Petroleum Corporation Limited (HPCL) to offer UPI based payments at its retail outlets, making it the largest forthcoming deployment of in-store payments using UPI.

With this, customers of any bank who have created their VPA on ‘Pockets’ as well as ICICI Bank customers using ‘iMobile’ can soon pay using their smartphone at over 6,500 HPCL petrol pumps and more than 2,000 stores of ABFRL across the country. The latter’s network includes brands like Louis Philippe, Peter England, Van Heusen, Allen Solly, Planet Fashion and Linen Club among others.

Ms. Chanda Kochhar, MD & CEO, ICICI Bank said, “UPI is a path-breaking concept which will enable convenient person-to-person and merchant payments using mobile phones. It is the first time in the world that a project of such a scale is being introduced to customers.

I’m delighted to share that ICICI Bank has crossed the milestone of creating 1 lakh VPAs for enabling UPI based payments, within three weeks of its launch. We have received encouraging response from users including non-ICICI Bank customers for creating their VPA using ‘Pockets’. To add to this positive momentum and widen our reach across sectors, we have also collaborated with Aditya Birla Fashion and Retail Limited & Hindustan Petroleum Corporation Limited to enable users to make payments at retail outlets from their mobile phones using UPI. We intend to continue exploring more such potential partnerships which will go a long way in popularising the usage of UPI. I believe that UPI will revolutionise the landscape of electronic payments in India and go a long way in reducing the usage of cash in the economy”.

Mr. A. P. Hota, MD & CEO, NPCI said, “ICICI Bank was among the front runners to launch our product UPI through app and we are glad to see such impressive acceptance in such a short span of time. Transactions on a real-time basis via mobile app has not been made possible anywhere else in the world. Considering the ease of transactions offered by UPI, in the days to come more customers will get accustomed to UPI based transactions.”

UPI is available on two of the bank’s customer facing mobile banking applications – ‘Pockets’ and ‘iMobile’. Anyone, including non-ICICI Bank customers can access UPI by creating their VPA on ‘Pockets’.  They can also link their bank accounts with other banks (who are also on UPI) and make payments from that account as well using their VPA on ‘Pockets’. Additionally, ICICI Bank’s customers can access UPI on ‘iMobile’.

The VPA acts as a financial address for a user in lieu of their 16 digit bank account number and the 11 digit IFSC code. Once registered for VPA, bank account holders (of banks participating in UPI) can send and receive money from their smartphones without the need to enter bank account information or net banking user id and password. Users can make payments using UPI 24×7 on all days including bank holidays. They can also make payments to merchants from their mobile phones where UPI is accepted as a payment mode.

The upgraded ‘iMobile’ application comprising UPI services is available on the smartphones with Android and iOS operating systems. UPI services on ‘Pockets’ is available on Android and will soon be available on the iOS operating system as well.

To know more on UPI enabled payments visit www.icicibank.com/upi

ICICI Bank is the most comprehensive player in the Indian mobile banking industry. It is the numero uno bank in FY’16 with close to Rs one trillion worth of transactions in mobile banking. It was the first bank to launch a mobile banking application in India, iMobile in 2008. The application today offers over 165 services, the most in the Indian mobile banking industry. It includes an array of industry first features including the recently launched ‘iMobile SmartKeys’ – Asia’s first payment service using a smartphone keyboard, advance tax for individuals, Positive Pay for cheque protection, rail-ticket booking from within the app on IRCTC as well purchase of mutual funds, travel & motor insurance.

ICICI Bank’s mobile banking foray extends to ‘Pockets’, largest wallet by a bank. This comprehensive application allows anyone, even those who are not customers of ICICI Bank to instantly download, fund the wallet from any bank account and use it. ‘In a short span of time, ‘Pockets’ has over four million downloads; over 75% of these users are new to the Bank. ICICI Bank recently unveiled ‘Touch & Pay’ on ‘Pockets’, the country’s first contactless mobile payment solution. It leverages the Host Card Emulation (HCE) technology to create ‘virtual’ cards for ‘physical’ credit or debit cards of the Bank, thus enabling customers to make electronic payments in-stores from NFC enabled smartphones by just waving his/her phone near a contactless merchant terminal.

ICICI Bank services its large customer base through a multi-channel delivery network of 4,451 branches, 14,073 ATMs, call center, internet banking (www.icicibank.com), mobile banking, banking on Facebook & Twitter and ‘Pockets by ICICIBank’ the country’s first digital wallet. (Figures as on June 30, 2016)

For latest information on the Bank, visit www.icicibank.com and follow us on Twitter at www.twitter.com/ICICIBank

About ICICI Bank Ltd: ICICI Bank Ltd (NYSE:IBN) is India’s largest private sector bank with consolidated total assets of US$ 139.14 billion at June 30, 2016. ICICI Bank’s subsidiaries include India’s leading private sector insurance companies, securities brokerage firms, mutual funds and private equity firms. Its presence currently spans 17 countries, including India.

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o   To focus on training and development of on-ground delivery stuff

New Delhi, October 09, 2015: Delhi based communicative delivery provider, Delivree King today announces that it has recorded 100,000 deliveries since the launch of its operation. Delivree King started its operation in the month of March 2015, with a team of 4 handling 20-25 orders per day for a client. Presently, the size of the team has increased to 50 people.  Delivree King is operating in Delhi-NCR market only at present.

Delivree King’s main focus is to reduce RTO percentage for its clients by providing trained delivery boys as required which not only delivers on time but also provide support to customers by resolving the minor issues which results to cancellation or reorder which often leads to a loss of order & logistics expenses.

Delivree King was founded by Neeraj Bisht (Co-founder & CEO) and Akash Sharma (Co-founder & COO). Neeraj completed his law degree in 2012 and then joined Thomson Reuters. He quit a year later to start his own company Giftooz.com that dealt with corporate gifting. Akash worked in Housing.com after graduation in 2014 from IIT Delhi. The duo decided to capitalize on the e-commerce boom by starting their own logistics company.

“We are happy to see the growing numbers of deliveries. At present, product requirements are either immediate or urgent as e-business is growing rapidly. We always wanted to bring something new & interesting in logistics by not only delivering products as fast as possible but also assisting our clients to reduce their RTO percentage with our communicative delivery rather than traditional courier trend and we are getting positive results too. Now we are excited to offer our specialised services to big ecommerce players & expect to see same results. We hope that the growth momentum continues in future as well, which would enable us to expand our footprint to other cities soon.” says Neeraj Bisht, Co-Founder & CEO of Delivree King.

Along with premium logistics services, Delivree King also offers promotional services such as collecting video reviews from customers, and distributing coupons and vouchers. This way, the venture facilitates a direct connection between the consumer and the client.

“We are looking at creating a solid team of on-ground delivery stuff. We are already working on this aspect, which we believe is the main factor that would provide an edge over other players in the industry. We are also focussing on developing core technological strengths which would enable us to capture growing hyperlocal sector” says Akash Sharma, Co-founder & COO as Delivree King.

About Delivree King

Delivree King is a premium logistics service provider with an objective to provide specialized & communicative deliveries. Delivree King’s aim is to reduce returns, cancellations and making customers aware about new products & offers of our clients. They even provide services like open deliveries, handling minor fitting issues of the product and even facilitating customer to place new/ replacement order instantly.

Delivree King started its operation in the month of March 2015, with a team of 4 handling 20-25 orders per day for a client. Now the size of the team has increased to 50 people, handling more than 1000 premium deliveries with more than 10 clients in Delhi-NCR.

At present Delivree King is focusing the Delhi-NCR region. However, it has an expansion plan of making its footprint in other metro cities over the next 6 months. Delivree King is expanding at a steady pace as it is only into Premium & Communicative deliveries.

To know more please visit www.delivreeking.com

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Chennai, July 20, 2015: Vodafone India, one of India’s leading telecommunications service providers, introduced an attractive 3G Data offer exclusively for its Prepaid customers and retailers in Chennai circle. As a part of this special offer, 1 lakh Vodafone prepaid customers in Chennai won 1GB of free 3G data.  This offer from Vodafone follows Vodafone’s recent ‘Speed is Good’ campaign and Speed Tests across 2000 Retailers in Chennai re-inforcing the fact that Vodafone provides the Fastest 3G experience in Chennai. With this Free 3G Data offer, Vodafone intended more and more mobile internet users in Chennai to have the experience of Vodafone’s ‘Faster, Smarter, Better’ 3G network.

This super free 3G Data offer from Vodafone was offered to the prepaid customers who haven’t experienced 3G data and also to those who have very minimal access to data. As a token of appreciation, Vodafone offered this free 3G data also to their precious 20,000 Retailers in Chennai.

Vodafone’s free 3G Data offer is valid for 30 days from the date of purchase.

About Vodafone India

Vodafone India is a fully owned subsidiary of Vodafone Group Plc., which is one of the world’s largest telecommunications companies. Making its entry into India in 2007, Vodafone today has built an ever growing, robust business in highly price sensitive and competitive market. Serving around 184 million customers, Vodafone provides innovative, customer friendly and differentiated products and services through a wide scale distribution and exclusive retail footprint – backed up with a modern, technologically advanced network for both voice and data.

Vodafone Business Services, the enterprise arm of Vodafone, provides total telecommunications solutions across both mobility and wireline platforms and enables Global Enterprises, National Corporates, SME’s and Government segments to communicate, collaborate and connect.

Vodafone India provides customers with a new currency in the form of M-Pesa, the world renowned mobile wallet and money transfer service. Vodafone M-Pesa is an innovative, safe and secure mobile wallet that enables complete suite of services like money transfer, bill payments, and recharge on the move from the mobile. It caters to all segments of the society, from the unbanked to the under banked and to the net-savvy and evolved customers. Today, with a pan-India distribution of around 90,000 agents and more than 3 million customers, Vodafone M-Pesa is the largest banking correspondent in the country and is playing a vital role in enabling financial inclusion and m-commerce.

With the advantage of its global expertise and knowledge of local markets, Vodafone India is well poised to significantly expand the Government’s capacity to deliver benefits and outcomes for citizens, governments and businesses. It endeavours to be a steadfast partner in the Government’s efforts towards Digital India.

A value based organization; Vodafone is committed to achieving the highest standards of Health, Safety and Well-being for its employees and business partners. As a responsible corporate, Vodafone India has been working with several partners from the social sector to address some of India’s most pressing challenges over the years. Sustainability for us is an ongoing journey as we firmly believe that what is good for the society is good for business.  The Vodafone Foundation too is actively engaged in CSR by harnessing the potential of mobile services and technology to maximise impact within communities, especially in the domains of m-Women, m-Agriculture, m-Education and Disaster Relief.

Vodafone Group Plc. is one of the world’s largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone has mobile operations in 26 countries, partners with mobile networks in 55 more, and fixed broadband operations in 17 markets. As of 31^st March 2015, Vodafone has around 446 million mobile customers and over 12 million fixed broadband customers. For more information, please visit: www.vodafone.com

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