Axis Bank today announced the launch of LIME, the country’s first mobile app that offers Wallet, Shopping, Payments & Banking, says a press release.
LIME will act as an independent app, empowering any person to open individual, shared mobile wallets and make seamless peer to peer as well as online, offline merchant payments.
Users can also experience the convenience of in-app shopping that allows them to compare and buy products and services.
It will enable individuals to open a full-fledged savings account digitally, by completing the KYC process, using their mobile.
Commenting on the launch, Ms. Shikha Sharma, Managing Director and CEO, Axis Bank said, “Customer preferences are changing rapidly and technology is transforming the way these preferences are being met. Our effort has been to constantly innovate through the use of smart technology to meet these evolving needs. LIME is the next big step in this journey”.