Sharing money with just a mobile number | Any bank to any bank in 5 seconds

Up until early 2015, most of you used to fill in account numbers and IFSC codes for money transfers via NEFT, then with IMPS came the concept of MMIDs, followed by Virtual Addresses with UPI in mid-2016. We believe that for making a money transfer to anyone’s bank account, you should just be able to select your friend’s contact number and make a payment straight to the bank account. Welcome to the real revolution in the cashless economy.

Let us take you inside step by step on this 5 second journey that shows the safest, coolest and fastest way to share money with your friends without even asking for their bank details! (and most importantly, you can send money to them even if they are not on UPI)

1. Simply tap on ‘Send money’ or ‘Request money’ inside the app on your home page

Instant bank to bank transfers @ Mypoolin

2. Simply search / type your friend’s name or mobile number above along with the amount that you would like to send. Also attach any cool message with emoticons for the purpose

The fun of social payments @ Mypoolin

3. Click on confirm to proceed and then tap to choose your desired mode of payment (anything from credit card to debit card to net banking)

Instant payments using any means

4. That’s it! Make your payment just like always using your desired means and the money will reach your friend. It will be credited into their bank account instantly as soon as they tap on that notification message and confirm their bank details

“Any sufficiently advanced technology is indistinguishable from magic”- Arthur C. Clarke

This the revolution, ladies and gentlemen. Come and experience it right inside our Android app! (It will be enabled on iOS in 2–3 months)

Besides, you can also track what your friends are up to in your friends’ feed (if they want to share) — Check it out

Cheers

Rohit Taneja

Mypoolin