Thursday February 27, 2020
Home Business SBI Launched ...

SBI Launched MOPAD For Digital Convenience Of Customers And Merchants

MOPAD allows the customer to make payments through "Cards, Bharat QR, UPI and SBI Buddy (e-wallet)" on a single PoS (Point of Sale) terminal.

0
//
"This is another initiative by the bank towards less-cash economy, which will empower merchants and customers to opt for more digital transactions.". Flickr

Lending major State Bank of India (SBI) on Wednesday launched a Multi Option Payment Acceptance Device for digital convenience of customers and merchants.

According to the lending major, MOPAD allows the customer to make payments through “Cards, Bharat QR, UPI and SBI Buddy (e-wallet)” on a single PoS (Point of Sale) terminal.

“MOPAD will help merchants to integrate different kinds of transaction through one PoS machine which will help in eliminating their operational inconvenience and streamline cash flow,” SBI Chairman Rajnish Kumar was quoted as saying in a statement.

As per the statement, the new initiative will roll-out on all PoS terminals in a phased manner. Flickr
As per the statement, the new initiative will roll-out on all PoS terminals in a phased manner. Flickr

“This is another initiative by the bank towards less-cash economy, which will empower merchants and customers to opt for more digital transactions.”

Also Read: SBI reduces lending rates on home and vehicle loans

As per the statement, the new initiative will roll-out on all PoS terminals in a phased manner.

Currently, SBI has deployed 6.23 lakh PoS terminals. (IANS)

Next Story

Our Government is Working To Eliminate Tuberculosis From The Country by 2025: Union Health Minister Dr. Harsh Vardhan

He said to achieve the goal, the government's programme 'Mission Indradhanush' is already operational

0
Harsh Vardhan
Referring to the Union Government's Ayushman Bharat scheme, Dr. Harsh Vardhan called it an "ambitious programme", under which 1.5 lakh health and wellness centres will be set up across India by the end of 2022. Wikimedia Commons

The central government is working to eradicate tuberculosis from India by 2015 besides taking active measures to eliminate diseases like kala-azar and measles from the country, Union Health Minister Harsh Vardhan said on Saturday.

“By 2025, we wish to eliminate tuberculosis from India. We have taken up an amibitious universal immunisation programme delivered to 100 per cent people all over the country,” the minister told mediapersons on the sidelines of the Rotary India Centennial Summit here.

He said to achieve the goal, the government’s programme ‘Mission Indradhanush’ is already operational.

“We are also working for the elimination of many other diseases in the country like Kala-azar and measles,” the minister said.

Tuberculosis
Here are Symptoms associated with Tuberculosis. Wikimedia Commons

Refering to the Union government’s Ayushman Bharat scheme, he called it an “ambitious programme”, under which 1.5 lakh health and wellness centres will be set up across India by the end of 2022.

ALSO READ: Group of Cyber-Attackers Hack Twitter Handles of Olympics and FC Barcelona

“So far, 30,000 are being set up and by March-end we will have around 40,000 centres”, he said. (IANS)