India Post Payments Bank launches digital app 'DakPay', make payments to anyone in a pinch


If someone wants to pay, transfer money or take services of online postal department, then India Post Payments Bank has launched its digital payment platform DakPay. See what are its benefits

India Post Payments Bank (IPPB) and Department of Posts (DoP) together launched their digital payment app 'DakPay'. Launching this app, the Ministry of Communications said that to bring digital financial inclusion to every corner of the country, this app has been launched.

'DakPay' offers features such as India Post and IPPB Digital Financial and Assisted Banking Services through the postal network. Let's take a look at some of its special features

Big Work 'DakPay' App

1. Through 'DakPay', customers can send money through Domestic Money Transfers i.e. DMT. Apart from this, you can also send money by scanning QR codes. Payments can be made to any service or merchant through a virtual debit card and UPI.

2. The app will also help in creating a cashless ecosystem through biometric. With this, customers of any bank will get interoperable banking services, will also be able to pay utility bills.

3. Through this, banking services and postal products can be availed online. Through this, the customer can take advantage of postal financial services from home.

'This is a landmark achievement'

At the launch of this app, Communications and IT Minister Ravi Shankar Prasad praised the efforts of India Post Payments Bank. He said that even in the times of Corona epidemic crisis, by providing AePS financial services to the people at home, they have financially empowered those who were far away from the banking system. Jay Venkataramu, MD & CEO of India Post Payments Bank said that 'DakPay is a landmark achievement. Our objective is every customer is important, every transaction is important and every deposit is valuable.

DLC service was started for pensioners

Earlier, the IPPB introduced the DLC service for pensioners. Through which pensioners could submit digital life certificates from home. A small fee has to be paid for this. The postal network has 1.55 lakh offices, of which 1.35 lakh is present in rural areas. It employs a total of 30,000 employees