KayPay is the world’s first bank-agnostic payment product for Facebook users to send money to each other in an instant. by Big Rattle Technologies

Some details

In order to access KayPay, users need to complete a onetime registration process by providing their existing bank accounts, which participate in the IMPS (Immediate Payment System) P2M Pull platform by National Payment Corporation of India.

Send money using Facebook, Google+, SMS or email.

Once registered, users can send money to any Facebook friend using One Time Password (OTP) to authenticate the

… transaction.

Once it',s completed, the sender and the receiver will get notifications via SMS and Facebook.  Further, both sender and receiver immediately receive notifications via SMS and on Facebook about the transfer.

Highlights

· World’s first Any Bank to Any Bank funds transfer platform via Facebook powered by a Bank

· Login to KayPay directly using Facebook credentials

· Instant funds transfer - Rides on IMPS platform of NPCI

· No bank details of recipient required

· Pay anyone on Facebook friends List

· Safe &, Secure Transaction: Two level authentication - Facebook user id &, password, and One Time Password