Banks Plans to adopt Social Networks for Instant Fund Transfer

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Banks Plans to adopt Social Networks for Instant Fund Transfer

Banks to make an easy way of transactions plans to make an agreement with the social networks like Facebook and Twitter. The lead private sector lender Kotak Mahindra Bank (KMB) has launched a Facebook-based instant fund transfer service in India.The sender will have to register on a dedicated website for the initiative called “KayPay”.

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