HDFC Bank has taken a unilateral decision to not allow 3rd party mobile recharge portals to use its services. What it means is that if you want to use HDFC Netbanking to pay at www.mobikwik.com, you will not be able to do so until further notice.
However, you can still use HDFC debit cards to make the payments and get your favorite mobile recharge.
So, why exactly is HDFC doing this? Well, according to bank sources, some frauds have been committed on a specific recharge portal ( we don’t know which). This is strange considering the fact that net-banking is considered more secure than using a debit card or a credit card. Also, folks in India prefer to use net-banking if given a choice.
We are hoping for an early resolution on this issue and will keep our users informed.