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iKaaz, DCB Bank roll out Mowa mobile payment app

Monday 4 May 2015 10:36 CET | News

Indian mobile payments solutions provider iKaaz, in association with financial institution DCB Bank, has unveiled Mowa, a mobile payment enabler on smartphones.

The app facilitates consumers and merchants to make and receive payments. The app enables sending money using the mobile to any phone number without sharing private bank account details of sender or receiver.

The app supports all banks in India. Users can avail the facility by registering with mobile number, name and date of birth. One must then attach the credit or the debit card as a payment medium and start making payments by entering mobile number of receiver.

The money is debited from the payers card only at the time of the transaction and deposited into the receivers bank account. People can also request for money and if accepted and paid, the amount gets deposited into the bank. One can pay using any of the cards linked to the Mowa account.


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Keywords: iKaaz, DCB Bank, Mowa, mobile payment, app, smartphones, merchants, cards, mobile, payments
Categories: Payments & Commerce
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Countries: World
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