Bank innovates with online payment services.
A bank just launched a new online payment facility proposing both faster and cheaper remittances. The system will enable users to make settlements to people who may, or may not, be customers at the financial institution. Transfers will be confirmed via text messages . The firm’s executive director stated that overseas transaction fees will not be applicable when utilising this option. The latest addition is currently available in the following countries: UK , USA, Australia, Malaysia, Hong Kong, Indonesia, Philippines and India. The new online payment service allows more flexible transactions
