Postal department, SBI join hands to promote cashless transactions



Department of Posts has joined hands with State Bank of India to promote ‘SBI buddy e-wallet’ and Point of Sale (POS) machines for cashless transactions at post office counters while booking speed post and registered post items.

Higher officials have dedicated SBI buddy e-wallet and SBI POS machines at Chandigarh General Post Office for the general public. The installation of SBI Buddy e-wallet and POS machines will facilitate economy through digital payments/cashless transactions in the post offices. The partnership is important move in the nation’s vision of a “cashless India”.


Takeaways from above News-

  • Postal department and SBI joined hands to promote cashless transactions in India
  • SBI buddy e-wallet and SBI POS machines at Chandigarh General Post Office has been dedicated to the general public
  • Smt. Arundhati Bhattacharya is the Chairperson of Mumbai Headquartered State Bank of India

If you have any other takeaways, do share with us in the comment section
Source- Economic Times

Leave a comment

Your email address will not be published. Required fields are marked *