With this step, the bank is poised to provide unparalleled convenience and accessibility to its customers. This feature, accessible through the 'eRupee by SBI' application, empowers SBI CBDC users to effortlessly scan any merchant UPI QR code, facilitating swift and secure transactions.
“We have encouraged digital payment but the main challenge on the UPI is that it usually needs a smartphone but in our country, a large number of people are using feature phones. We have launched some products to make feature phones to operate the UPI system as well. We have also taken steps
“We have encouraged digital payment but the main challenge on the upi is that it usually needs a smartphone but in our country a large number of people are using feature phones. We have launched some products to make feature phones to operate the UPI system as well. We have also tak
Apart from showcasing its rich culture, varied crafts and diverse cuisine at the G20 summit, India will also display its progress in the digital sector, a senior official said on Wednesday while noting that experience panels will be created for delegates to experience how UPI payments are
India and New Zealand are holding discussions on the possible introduction of the Unified Payment Interface system in the island nation to promote ease of doing business, the commerce ministry said on Tuesday.
Pune (Maharashtra) [India], August 25: Self-employed professionals and business owners can now easily open an AU Small Finance Bank Current Account online on Bajaj Markets, a subsidiary of Bajaj Finserv. While individuals can enjoy customised products catering to their business requirements,
In its ongoing pursuit to boost the infrastructural growth of Uttar Pradesh, the Yogi Adityanath government is accelerating projects related to the Uttar Pradesh Defense Corridor and Ganga Expressway.
German Embassy in India on Sunday hailed India's digital infrastructure, calling it one of the country's success stories. The high praise for India's digital payment model came after Germany's Federal Minister for Digital and Transport, Volker Wissing, used UPI to make a payment in I
India and Trinidad and Tobago have signed a Memorandum of Understanding for sharing of 'India Stack' — a collection of open application programming interface and digital public goods that aim to facilitate identity, data, and payment services on a large scale, an official release from Minist
Mumbai (Maharashtra) [India], August 12: In the wake of a challenging year for the cryptocurrency market, there's a glimmer of hope on the horizon. Analysts and forecasters are pointing to a potential revival towards the end of 2023 that could breathe new life into the crypto market.
As part of its continuous bid to deepen the reach and use of digital payments in the country, the Reserve Bank of India on Thursday proposed to enhance the per transaction limit for UPI Lite digital payments in off-line mode from Rs 200 to Rs 500.