CBA Bank unveils benefits of newly Bulk Mobile Payment

Bulk Mobile payment solution is a product that enables customers to make Bulk & Single payments to mobile wallet holders. This includes employers making payments to casual laborers, insurance companies paying commissions to non-bank account holders, Loan disbursements to non-bank account holders, allowance payments to transporters, Petty cash payments etc. All these payments are being made through CBA’s state of art, internet banking. Customer will be required to upload a file with benefi­ciaries’ names, mobile numbers and amounts to be transferred in order to perform such a transaction.