DakPay : India Post Payments Bank launches digital payment app

Postal Bank Innovative App "DakPay"... Cash distribution in moments

On the one hand, Microsoft co-founder Bill Gates is telling the world that India is at the center of the digital revolution. Proving it, every sector of the country is competing and serving to become digital. DakPay is the newest app available to the public in this order. The Indian Postal Service has introduced an innovative approach to digital payment. The post office has recently introduced the facility of instant cash delivery from anywhere in the country. India Post Payment Bank (IPPB) has launched a mobile digital payment service called 'DakPay'. IPPB said that all types of financial services can be accessed by linking all bank accounts through this DakPay app. In addition to cash transfers and payments, you can invest directly in various savings schemes offered by the Postal Department. The services provided by the DakPay app are .. UPI Secure and fast transfer of money from one bank account to another. Purchases made by debit card in the form of VDC can be made digitally.

DMT can instantly transfer money to any bank account anywhere in the country. Banking services can be accessed by fingerprinting at home as part of the APS Aadhaar-enabled payment services. Bill payments can be made in cashless transactions to over 470 businesses across the country. This number is gradually increasing. Postal schemes can avail various financial services like Recurring Deposit, PPF, Sukanya Samvriddhi Account provided by the Postal Department.

Union Minister Ravi Shankar Prasad has launched the DakPay app, saying that DakPay is another addition to the Indian postal heritage. The minister said its services would reach every household in the country, besides accessing banking services and postal products online, and people could also avail postal financial services from home. The post office, which has 55,000 post offices in the country (1,35,000 post offices in rural areas) and 3 lakh staff, is expected to be more accessible to the public through DakPay.