SBI Introduces UPI Interoperability With eRupee CBDC for Seamless Transactions

SBI Introduces UPI Interoperability With eRupee CBDC for Seamless Transactions

The State Bank of India (SBI) has announced the implementation of Unified Payments Interface (UPI) interoperability with the Digital Rupee, also called as Central Bank Digital Currency (CBDC). With this move, SBI aims to deliver convenience and accessibility to its customers. This feature, accessible through the ‘eRupee by SBI’ application…

SBI Partners With PayNow for Cross-Border Payments Through Bhim App

SBI Partners With PayNow for Cross-Border Payments Through Bhim App

A day after a real-time payments system linkage was established between India and Singapore using the UPI platform, State Bank of India on Wednesday announced a partnership with PayNow, the online payment system of the city state, for cross-border payments. The facility is offered through SBI’s Bhim SBIPay mobile application…