20 August 2016 Current Affairs: Federal Bank has announced its partnership with Chillr, a round-the-clock mobile banking application that connects directly to a person's bank account and enables instant money transfers, bill payments, phone recharge and e-commerce payments in a very secure environment.
Chillr allows users to connect seamlessly with multiple bank accounts and manage all their banking needs on a single platform, making money transfer between bank accounts easier .
All transactions on Chillr are initiated directly from the users' bank accounts and authenticated by a secure PIN provided by their banks. The mobile banking app integrates with banks directly and provides total security for all transactions. The easy to use app is available on Android, Windows and iOS operating systems. The facility is already available to all customers of Federal Bank.
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