ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » Companies News

State Bank of India launches 'SBI Pay' app

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
State Bank of India launches 'SBI Pay' app
SBI Chairman Arundhati Bhattacharya and National Banking Group MD Rajnish Kumar at the launch of SBI Exclusif Wealth Services and SBI In Cube in Bengaluru, on January 14, 2016. Image Source: IANS

With an aim to support the government's ongoing move to shift Indians to cashless payments system, State Bank of India (SBI) launched an 'SBI Pay' app on Wednesday. 

“With the current demonetisation drive of the government and the push towards Digital/Cashless payments, 'SBI Pay' is expected to be a game changer in the digital payment ecosystem as the bank has the largest customer base in the country,” SBI chairman  Arundhati Bhattacharya, said in a press release on Thursday.

ALSO READ: SBI says has sufficient Rs 100 notes in ATMs, branches

The 'SBI Pay' is an unified payment interface (UPI) app of the bank and is a payment solution not only for SBI account holders, but for all banks who are part of UPI, the release said.

Through 'SBI Pay' app people can send and receive money from their smart phones with a virtual payment address acting as unique identifier. Moreover, users do not need to provide any additional details other than the virtual payment address while using the app. 

The 'SBI Pay' app is presently available on Android platform.  

ALSO READ: Demonetisation: SBI cash deposits cross Rs 1.2 lakh crore in 7 days

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
State Bank of IndiaBanking & Financial ServicesSBI Pay AppSBIArundhati BhattacharyaDemonetisationUPI
Written By: Tejal Yerunkar
Updated: Thu, Nov 24, 2016
02:24 pm
Mumbai , ZeeBiz WebDesk
RELATED NEWS
Demonetisation: SBI cuts bulk deposit rates by up to 1.9% Demonetisation: SBI cuts bulk deposit rates by up to 1.9%
SBI says has sufficient Rs 100 notes in ATMs, branches SBI says has sufficient Rs 100 notes in ATMs, branches
Demonetization aftermath: SBI records nearly Rs 40,000 crore cash deposits so far Demonetization aftermath: SBI records nearly Rs 40,000 crore cash deposits so far
Liquidity to stay, interest rates may fall further: SBI Liquidity to stay, interest rates may fall further: SBI

LATEST NEWS

Twitter Blue launched in India: Check subscription price for Android, iOS and web users

Women can offer namaz in mosques: AIMPLB to Supreme Court

Creator Economy: How newly launched firm is nurturing digital creators to grow their communities, maximize earnings

Hindalco Industries Q3 Results 2023: Consolidated net profit down 63% to Rs 1,362 crore despite jump in revenue

Google shares crash nearly 8% after AI chatbot Bard gives wrong answer

SBI stock holds potential after 13% drop from life high, up to Rs 171 per share gain seen: Emkay

Q3 Results 2023: Samvardhana Motherson, Pennar, Escorts Kubota, Symphony declare December quarter results - HIGHLIGHTS

Zypp Electric raises $25 mn led by Gogoro, to expand EV fleet to 2 lakh

PM Modi replies on Motion of Thanks in Rajya Sabha Highlights: 'Oppon doesn't have courage to take me on' - Top 10 PM Modi Quotes in Parliament

Uttar Pradesh government launches portal for 'One Family, One ID'

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV