Mobile Banking and mcommerce enabler, ngpay will provide a mcommerce and mobile banking platform to Axis Bank.

Axis Bank will now be able to offer its customers services such as balance enquiry, mini statement, funds transfer, manage and view accounts over the mobile phone medium.  

Under mcommerce offerings, Axis Bank customers will be able to transact on ngpay using Axis Bank Direct debit facilities from their account.

Manju Srivatsa, president retail banking, Axis Bank commenting on the development said, ``Axis Bank has always maintained a strong consumer-centric approach to the business. We are always on the lookout for services that can make banking convenient for our customers. M-commerce is growing at a fast pace in India and in ngpay we found a partner who has helped us take the next step in consumer satisfaction.``

Sourabh Jain, founder and CEO, ngpay said, ``India is in the midst of a retail revolution and Mobile Commerce will help take it to the next level. With 7 lakh plus ngpay users in India and growing everyday there`s no doubt purchasing patterns are changing and mobile commerce will change consumer lives significantly. We are sure that our partnership with Axis Bank will help the Indian consumers shop and transact on mobile phones with great ease using the Axis Direct debit service."