Heres how you can easily perform a money transfer with an online banking app

1. Here’s how you can easily perform a money transfer with an online banking app Here’s how you can easily perform a money transfer with an online banking app With the need to meet consumer demands online, the banking industry has been compelled to take their services on the digital front. However, except for the millennials, not many people are accustomed to performing a money transfer online. Though the entire process is easy, the majority of people prefer the conventional method of transferring money as it is the only method that they are comfortable with. However, convenience is better offered online, and to prove just that, here’s how you can easily perform a money transfer money transfer with an online banking app - 1)Connect your bank account to a digital Connect your bank account to a digital wallet Majority of the businesses accept payments via digital wallets for the sole reason of their convenience. Link your bank account to a digital wallet like Google Pay or Paytm and easily transfer money from your account to various vendors with just a few clicks. You can even earn a variety of cashbacks and other such amazing benefits for transacting through the digital wallet. However, do keep in mind that these services have a transaction limit of Rs. 10,000 in a day and it’s best to use this facility to pay for your day-to-day expenses. In an effort to increase the safety and convenience of this payment method, many e-wallet service providers allow you to add your fingerprint for the authentication of a transaction. 2)Perform net banking Perform net banking Net banking is the perfect option for large payments like that of an EMI or a loan. These methods of payment have a limit of Rs 25,000 daily that can be extended by upgrading your bank account. It is required to know the account number and the IFSC code of the recipient to complete the transaction. That being said, the amount is debited instantly upon entering the correct information and authenticating the transaction. You even get to choose a recurring wallet

2. payment option with this method of transaction to help you pay for your EMI or loan without having to worry about forgetting the due date and falling behind the deadline. This method of payment could be charged extra depending on the type of your bank account. 3)Use UPI Use UPI UPI has gained a lot of traction in recent times as it only requires a UPI ID to credit/debit money in your account. With an easy 2-step verification process, you can rest assured about the security of this mode of payment and even enjoy greater convenience when using it. UPI stands for Unified Payment Interface, and is one of the most widely accepted payment methods in the market right now and can be easily used by all age groups. You can easily find banking aps providing this facility by searching ‘UPI payment bank app on the service provider and your account type, the daily transaction limit for this mode of payment can range anywhere between Rs. 10,000 and Rs. 20,000. We hope this article helps you conveniently transfer money online by using a UPI payment bank app. UPI payment bank app’ on Google. Depending