Canara Bank, a leading nationalized bank, has unveiled a Unified Payment Interface (UPI) app named ‘empower’. The application works on NPCI (National Payments Corporation of India) platform and enables bank customers pay and collect using this single app. It also helps the customers create a virtual payment address to pay and collect money from anyone without disclosing their account related information, link their bank accounts across banks in a single app, transfer funds using mobile number, account number and IFSC and Adhaar number, know their account balance etc.
Canara Bank is an Indian state-owned bank headquartered in Bangalore, in Karnataka. It was established at Mangalore in 1906, making it one of the oldest banks in the country.
