SBI has started a SBI service to promote digital rupee in the country. This service will help the customers a lot in making UPI payment. The name of this service is e-Rupee by SBI. In this, customers can easily scan the QR code. Let us know about it in detail in this report.
New Delhi, Agency. State Bank of India, the country’s largest government bank, has started a new service to promote digitization. The bank has informed today that it is starting the UPI Interoperability Service. Let us tell you that State Bank of India digital rupee is called Central Bank Digital Currency (CBDC).
After the launch of this service, customers can easily make online payments. Before State Bank of India this service was started by Axis Bank.
Staye Bank of India said in its statement that with this service, the bank aims to provide convenience to its customers. Customers can easily make UPI payments through the ‘eRupee by SBI’ application. Through this service, customers can easily make payments by scanning the UPI QR code.
Promotion of digital payment
SBI was the first to introduce digital rupee in December last year. After this, now UPI payment will be done very easily through E-Rupee by SBI. The bank said in a statement that it wants to revolutionize the field of digital payments.
SBI is the largest government bank in the country, so the more people who join the bank, the more benefits they will get. The bank believes that the scope of CBDC integration will increase through this service. In such a situation, a revolution can also come in the digital sector.
How can make payment
First of all you have to register in E-Rs. Now you will upload money in e-rupee wallet. If you are a customer of SBI, then you can select the load option by visiting the official website of the bank. Now you can transfer money from your linked account.
The app can easily make UPI payments as soon as the money is uploaded to the e-Rupee wallet. Apart from this, you can easily pay through RBI’s e-rupee