What is ICICI?
ICICI provides an online banking system that allows customers to transfer funds online through the bank’s website. ICICI offers customers an online banking payment solution that allows them to access their bank account 24/7 from anywhere in the world. Users can easily view their account balance, find out the status of their fixed deposit, manage multiple accounts, and transfer funds virtually. The bank transfer feature allows users to pay for online purchases quickly by transferring funds into the seller’s bank account.
How does ICICI work?
During checkout, users can pick ICICI Bank as their payment method. They will be subsequently taken to a page where they can log into net banking using their mobile number registered with ICICI Bank. This is much simpler than remembering their net banking User ID and Password. This makes the payment simple and convenient for users – a mobile number and Debit Card PIN are all it takes to manage all the online payments for any website across categories such as insurance, mobile bill payment, travel, and many others.
Why do merchants and consumers use ICICI?
ICICI Bank’s transfer payment method is both convenient and secure. The bank allows customers to shop online quickly and easily, with no need to remember their login details to complete the transfer. Merchants also benefit from ICICI’s fast and efficient net banking payment solution. Expanding to India is an excellent idea for e-commerce businesses as the country boasts one of the largest e-commerce markets in the world. Merchants who offer ICICI’s fast and efficient net banking payment method in their checkout will attract customers who are accustomed to using this solution. Bank of Baroda’s online transfer option helps to build a seamless checkout experience that delights customers, reduces cart abandonment, and increases conversion rates.
How can I start accepting ICICI?
Merchants can accept online transfers from ICICI by implementing a payment gateway that includes this option. Partnering with a global payment service provider enables you to accept such payments efficiently, thus improving customer experience, boosting repeat business, and increasing your revenue.
Start accepting ICICI today
Take advantage of a global payment gateway that gives you access to all the relevant local payment methods.