Net Banking App And Your Business
Mobile banking is increasingly popular among self-employed individuals and large enterprises as it is convenient, secure, and easy to carry out financial transactions. Businesses can pay salaries and wages to their staff through automatic fund transfers using an online bank account app. With cashless transactions, a business can save time on withdrawing cash for paying employees.
Companies today don’t need to send their representatives to their banks for depositing cheques or transferring funds. Most payments and fund transfers are made via net banking or UPI payment method through quick logging on to the mobile banking app. The IDFC FIRST Bank internet banking app helps small business owners and self-employed individuals enjoy several benefits through its beyond banking suite. Some of the essential ones include:
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Open A Business Account Easily
If you want to conduct your business operations smoothly, you need a business account with your preferred bank. IDFC FIRST Bank helps you with easy current account opening on its mobile banking app to receive and make payments online. Besides, it helps you carry out other financial transactions like budgeting, investing in securities, and analysing income and expenditure. Some of the common online bank accounts suitable for your business are:
- Startup Current Account
- Freedom Current Account
- World Business Account
- Merchant Multiplier Account
With these bank accounts, a startup or small business can have GPS-enabled doorstep banking, free outward cheque returns, zero transaction charges, payment and receivable solutions, trade forex solutions, and a simple charge structure. You can have quick access to your current account through the app anywhere, anytime.
You don’t have to visit the bank to open a bank account; instead, you can do it online by providing your registered mobile number, full name, email address, and location. Once you submitted these details, you will receive a one-time password (OTP) on your mobile phone, which you have to type in to verify the details. You are also required to upload the supporting documents related to your business.
Easier Fund Transfers and Payments
The banking suite for businesses from IDFC FIRST Bank includes quick processing of payments via the IDFC Internet Payment Gateway, which is mobile-friendly. The responsive payment page is easily customizable to sync with your brand or business guidelines. Furthermore, the vault card storage, token system, and 99.99% payment gateway uptime ensure complete protection of your sensitive data.
The online bank account app also helps businesses to make bulk payments of salaries and wages through NEFT, IFT, and RTGS. The app facilitates bulk vendor and salary payments with a single-debit or multi-debit facility.
Single-View Dashboard
IDFC FIRST Bank is one of the best personal banks in India that helps link all the bank accounts within the same bank or in different banks on a single platform. Thus you can have a dashboard showing the recent transactions and balances of all your bank accounts. You can also access and view your business statement of analysis of your income and expenses.
Set Up Alerts
You can view your financial transactions in real-time on the IDFC FIRST Bank mobile banking app. You can apply for receiving alerts and notifications for any payments received or paid. The latest security features, like multi-factor authentication and biometrics, including fingerprinting and face recognition, ensure the security and safety of your business accounts.
Easy Tracking
IDFC FIRST Bank mobile banking app enables easy tracking of payments and deposits.
You can download the IDFC FIRST Bank mobile banking app now to grow your small business with a seamless business banking experience.