HDFC Bank launched myApps application to boost digital payments in India. myApps is a unique customised suite of banking products to benefit urban local bodies, housing societies, local clubs and gymkhanas and religious institutions. In a first, HDFC bank is helping organisations to entirely digitise their ecosystem through myApps. At present HDFC Bank is offering four types of applications — mySociety, myClub, myPrayer and myCity.
myApps will allow institutions to customise their branding and content. One can publish their application on the Google PlayStore or Apple AppStore in the name of the institution, myApps will be free to all members of each institution. There will be no monthly subscription charges. Members can pay monthly bill or fee and make an online booking for different facilities via myApps.
myApps will enable the organisation to get easy access to reports on payments, facilities booked by members, requests and complaints registered by users. They can also use the app to broadcast notices and engage with members on various events. There are also no restrictions on the number of users.