ICICI Bank has entered into partnership with Swiggy, India’s largest food ordering and delivery platform. The partnership is to roll out two innovative digital solutions to facilitate a convenient and hassle-free way for delivery partners to transfer funds to Swiggy. This move will enable thousands of Swiggy’s delivery partners to save time and distance travelled, by embracing the convenience of digital technology for their financial transactions.It includes a Unified Payment Interface (UPI) based solution for instant fund transfers on-the-go and an option for facilitating cash deposits at automated Cash Deposit Machines (CDM) available at ICICI Bank branches and ATM locations across the country.
ICICI Bank is India’s largest private sector bank by consolidated assets. The bank’s consolidated total assets stood at $165 billion at December 31, 2017.