Fonepay launches Fonepay Direct Bata Paisa Pathau, thau ko thau campaign; 1.50 crore users and 8 lakh plus vendors currently associated with its growing network

Fonepay has launched Fonepay Direct Marfat Paisa Pathau, Thau ko Thau scheme to promote digital interbank transfers between the mobile banking users of different banks.

As one of the simplest fund transfer services available in the market, mobile banking users of any banks can log into their mobile banking service and select Fonepay direct for fund transfers where they are required to submit just the bank name and account phone number of the desired recipient of the fund following which the system will make other necessary arrangements for the transfer, as per the media statement.

The leading payment service provider has more than 1.50 crore mobile banking and other payment channels as its partners while more than 8 lakh merchants in its network, as per the media statement.