Mashreq Flash Transfer (MFT) goes live

Mashreq Bank recently launched MFT (Mashreq Flash Transfer) service, making it the first bank worldwide to offer 24×7, instant money transfer to 12,000+ ATMs across India.

Empays’ products, EPC (Empays Payment Cloud) and IMT (Instant Money Transfer), provide key under-pinnings for this service.

MFT allows the senders to simply choose their beneficiary’s phone number from the phone book & initiate the payment in a flash. With Axis Bank as the partner bank, MFT beneficiaries can choose to receive money in any bank account in India or withdraw cash from ATMs, 24×7. Click here to know more about the MFT service.

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