In This Article, learn SIB M-pay App Download, SIB M-pay App Features, Requirements For using M-Pay App, SIB M-pay App 2023, Download the SIB UPI App, M-Pay, directly from the Play Store by using the provided link. This Unified Payment Interface (UPI) app from South Indian Bank allows you to add any bank account. The NPCI (National Payments Corporation of India) has launched the highly anticipated UPI, and the RBI has introduced its own UPI App. With the South Indian Bank UPI App, you can easily transfer payments to other individuals. Common queries related to the South Indian Bank UPI Android App include how to download it, an explanation of UPI, and its significance. Learn how the UPI payment system works with this quick guide covering everything you need to know about UPI.
Introducing the official mobile banking application from South Indian Bank, featuring Unified Payment Interface (UPI) functionality now accessible to all bank customers.
Step into mobile convenience with SIB M-Pay, South Indian Bank’s mobile banking product, offering a comprehensive range of financial transactions. With SIB M-Pay, you can seamlessly send and receive funds 24/7 to any bank, top up your prepaid mobile, recharge your DTH services, make merchant payments, and more without incurring additional charges. The instantaneous inter-bank fund transfer service is powered by the Immediate Payment Service (IMPS) of the National Payments Corporation of India (NPCI).
SIB M-pay App 2023 Download
Leverage the South Indian Bank App to simplify payments through Virtual Payment Address (VPA). Effortlessly make and collect payments with the newly launched UPI APK from South Indian Bank, which debuted on September 5th. Several other banks have already introduced their UPI Apps, and South Indian Bank joined the fray with its own on the 5th of September.
| Application | Download Link |
|---|---|
| South Indian Bank UPI App | Download From Play Store |
Step For Download SIB M-pay App
- Step 1: Visit the Play Store site at https://play.google.com.
- Step 2: In the search box, enter “South Indian Bank UPI App – M-Pay.”
- Step 3: Browse through the search results and select “SIB UPI App – M-Pay” (South Indian Bank’s official UPI App).
- Step 4: Click on the “Install” button.
- Step 5: Once the installation is complete, your app is ready to use for UPI transactions.
Download the South Indian Bank UPI Apk directly by clicking here.
Details Of SIB M-pay App
| App Name | SIB UPI- M-Pay |
|---|---|
| Bank Name | South Indian Bank |
| Last Updated | |
| Downloads | 100,000 – 500,000 |
| Version of App | 4.2.0 |
| Download Link | Click Here to Download |
How does the South Indian Bank UPI App operate?
- Every customer must have a bank account and a smartphone to utilize the South Indian Bank UPI App.
- Download the South Indian Bank UPI app from the Play Store or follow the procedure outlined above.
- Install the South Indian Bank UPI App on your smartphone.
- Once installed, open the UPI app.
- The app will prompt you to send an SMS to confirm your mobile number.
- After confirming your mobile number, the South Indian Bank UPI App will launch, displaying all menus.
- Create your account or profile on the South Indian Bank UPI App by providing details such as name, email, gender, mobile number, date of birth, etc.
- After creating your profile, set your unique Virtual ID and generate an MPIN using your debit card.
- Your South Indian Bank UPI App is now ready for payments, collections, and checking your bank balance.
How does the South Indian Bank UPI App function?
- To send money, only the recipient’s UPI ID, a virtual identity similar to an email address, is required. This could be their name or phone number. For example, if your phone number is 1234567890 and your bank is South Indian Bank, your virtual address could be 1234567890@sib. Similarly, for State Bank of India customers, it could be 1234567890@sbi.
- The UPI app eliminates the need to know the recipient’s name, bank account number, and IFSC code or bank branch.
- UPI is built on the IMPS platform, offering immediate transactions 24/7 throughout the year. This is unlike NEFT, RTGS, or IMPS services, which have specific working hours.
- UPI can also be used for online shopping. Instead of entering your debit card details and waiting for an OTP, you only need to enter your UPI ID and verify the transaction through a phone alert.
Read Also: BOI Credit Card Apply 2023: Bank Of India Credit Card Eligibility, Features, Documents, Charges?
SIB M-pay App Features
- SIB M-pay App Features Unified Payment Interface (UPI)
- Send Money
- Collect Money
- Set MPIN
- Instant inter/ intra bank fund transfer
- Mobile recharge
- DTH recharge
- IMPS Merchant Payment
- Passbook
- Generate MMID/ Retrieve MMID
Extra Features Of South Indian Bank M-Pay App
- Unified Payment Interface (UPI)
- Accessible to all bank customers
- Virtual address for your bank account
- Instant interbank fund transfers
- Available 24 x 7 throughout the year, including holidays
Requirements For using M-Pay App
Requirements For using M-Pay You need to have the following:
- An Android phone with internet service For Requirements For using M-Pay
- An operational bank account in any bank
- The mobile number registered with UPI must be linked to the bank account
- An active debit card associated with this account for creating mPIN
What is the registration process for the South Indian Bank UPI application?
- Create your profile
- Create a virtual address for the linked account (e.g., abc@sib; 123@sib)
- Add/Link your bank account
- Register for mobile banking on-the-fly
- Set MPIN for the selected account
FAQ?: SIB M-pay App 2023
A mobile banking application enables access to your bank account(s) via a mobile phone. This app allows you to review account information, transfer funds, pay bills, recharge your mobile, and perform various other transactions.
Customers of Axis Bank with a savings or current account registered with either Internet banking or possessing an ATM/Debit Card, along with a registered mobile number for account notifications, can access mobile banking. Those utilizing SMS Banking are eligible to avail the mobile banking facility.
Answer: South Indian Bank provides mobile banking services free of charge to its customers. You can download and use this application as needed.
