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Security with iBizz
iBizz is a secure mobile application to help you access your account on both mobile and tablet devices. The app has multi level security features as given below.
iBizz, the mobile banking app can be accessed by all ICICI Bank Current Account customers who are registered on Corporate Internet Banking (CIB). The first scenario involves a 4-step registration process to activate MPIN as login password through authentication of Business Banking Debit or Inquiry Card number, grid values and One Time Activation Code (OTAC) sent on registered mobile number.
Secure fund transfer
Fund transfer can only be done to previously added payees/billers on iBizz. Also for initiating the transaction, Grid Values and OTP received on registered mobile number is required to complete the transaction, thus adding another layer of security. Limit given to the user on CIB will be applicable for iBizz transactions also.
No sensitive information is stored on your mobile handset. Also, the data stored on the mobile is encrypted using strong encryption standards.
The data exchanged between iBizz and server is encrypted to ensure data security and confidentiality.
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