This is the official mobile banking application from South Indian Bank with Unified Payment Interface (UPI) now available for all Bank Customers.New update includes feature,Unified Payment Interface (UPI)Welcome to the world of mobile convenience! SIB M-Pay is South Indian Bank’s mobile banking product, which offers you a complete range of financial transactions. You can send/receive funds 24X7 to any bank, top up your Prepaid mobile, Recharge your DTH services, Merchant Payments etc with SIB M-Pay. No additional charges for these services.The instant inter-bank fund transfer service is facilitated through the Immediate Payment Service (IMPS) of NPCI (National Payments Corporation of India).The salient features of SIB M-Pay are as follows:· Unified Payment Interface (UPI)· Available for all Bank Customer
· Virtual address for your Bank account
· Instant interbank fund transfers
· Available 24 x 7 throughout the year, even on holidays.
UPI-Unified payment interface is a payment system by NPCI that allows you to transfer money between Bank accounts or parties like other payment systems NEFT/RTGS/IMPS secure and convenient manner. In UPI, you have to create a Virtual ID for your account which is like an email id for your account. You can use this Virtual ID to make instant Fund Transfers / Payments to any Beneficiary and is available 24X7. You can access all your UPI enabled Bank accounts through a single application.Facilities Available under SIB M-Pay· Unified Payment Interface (UPI)· Send Money· Collect Money· Set MPIN· Instant inter/ intra bank fund transfer· Mobile recharge· DTH recharge.· IMPS Merchant Payment.· Passbook· Generate MMID/ Retrieve MMIDVisit SIB M-Pay at http://www.southindianbank.com for more details.