Introducing New Features in Money Transfer!

December 17, 2016 Lohi News & Updates

As part of our continuous effort to enhance our platform with more customer friendly options, we have added two useful features in Money Transfer which will make the operational flow even smoother.

1) AUTO FILL RECEIVER DETAILS

When you enter the bank account number of a receiver; system will search in our centralized database for fetching receiver’s Name, Bank Name & IFSC Code and will pre-fill the receiver registration form.  If a receiver has already received a successful transaction with our platform, then our system will show ‘Receiver Account is Verified’.

Attention – Please note the below mentioned Terms

a. If the data is not available in our database, you will have to fill it manually.
b. Before proceeding further with pre-filled data you should cross check the accuracy of the pre-filled data with that of the ‘Sender’ as Achariya shall not be responsible for any inaccurate or incorrect data.

2) OTP WILL BE REQUIRED ONLY FOR FIRST TRANSACTION  BETWEEN A SENDER AND A RECEIVER

We have removed the authentication of OTP/Missed Call for every transaction so as to make the money transfer transaction flow even more seamless and hence from now onwards authentication will be required only for the first successful transaction initiated between a Sender and a Receiver. Thus no further OTP/Missed Call is required to transfer funds to the same Receiver in the future.

New features will be live in platform from 08.12.2016, 2 PM.

For any clarifications or queries feel free to place a missed call to 080 3911 8121 from your registered mobile number.

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