TranZapp facilitates you to transfer and receive money instantly from anyone, anywhere by using virtual
ID’s, without any hassle to remember account details of the beneficiary.
TranZapp is a unique payment solution which empowers a recipient to initiate the payment request from a smartphone. It facilitates „virtual payment address‟ as a payment identifier for sending and collecting money and works on single click 2 factor authentication. It also provides an option for scheduling push and pull transactions for various purpose.
It allows you to transfer money using options like Virtual Id,Account No + IFSC code,Mobile Number + MMID , Aadhaar Number +IIN and only Aadhaar number.
TranZapp –UPI Application is the advanced version IMPS which is a 24X7 funds transfer service. UPI will allow a customer to have multiple virtual addresses for multiple accounts in various banks. In order to ensure privacy of customer’s data, there is no account number mapper anywhere other than the customer's own bank. This allows the customer to freely share the financial address with others.
A customer can also decide to use the mobile number as the name instead of the short name for the virtual address like 1234567890@tjsb.
Now you can complete the Mobile Banking Registration of Banks Participating in UPI without downloading Mobile Banking Application or Visiting to the Banks Branch.