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…