Axis bank introduced payment solution through mobile phone involving the debit card. Axis bank is pioneer in India to introduce such an option. The Mobile Payment Solution is implemented using the interactive voice response system (IVRS). The system is branded as Axis call and pay. The system is developed by Atom technologies which is the retail wing of Financial Technologies group.

In order to activate the mobile payment solution, the mobile number has to be configured with the debit card. This can be done at the ATM counter using the interactive system. After the configuration a 6 digit pin can be set and activated. This new system can surely increase the mobility of people. It will surely increase the convenience and make transactions much