Flipkart now on Kotak Mahindra Bank's mobile banking app

Posted on:13 Aug 2016 09:27:20
Flipkart now on Kotak Mahindra Bank's mobile banking app
13 August 2016 Current Affairs: Private sector lender Kotak Mahindra Bank has enabled online shopping portal Flipkart in its mobile banking application in order to ensure a seamless shopping experience for its customers. 

The biggest problem faced by consumers is the transaction failure during the payment mode. Through this integration we are trying to solve that problem for our customers .

Customers can now shop at Flipkart via the bank app which also allows booking of air tickets, hotels and bus tickets. 

With the new feature, customers can now shop smoothly and even check out faster as billing and delivery details which are already available with the bank will not be needed to be entered again. 

Sharma added that bank customers can enjoy special periodical offers, in addition to attractive prices by Flipkart, with no additional charge levied on them. 

In changing commercial scenario, banks are going beyond conventional banking and experimenting with different options in order to increase customer stickiness and loyalty. 

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