Vijaya Bank has entered into an MoU with Hindustan Petroleum Corporation Ltd (HPCL) for enabling all HPCL retail outlets with BHIM/UPI merchant solutions. This rollout will empower all petrol pump attendants and LPG delivery personnel to accept digital payments.
Customers can make payments by scanning a payment QR code, using BHIM Vijaya or any BHIM app that supports payments via UPI. Both Vijaya Bank and HPCL have inked the pact in line with the GOI initiative to encourage digital payments, especially BHIM/UPI.
Important Takeaways from Above News-
- R A Sankaranarayanan is the MD and CEO of Vijaya Bank.
Source- The Hindu Business Line