SBI and IDFC First Bank started the facility, transactions in digital currency can be done through UPI.
The country’s largest public sector banks State Bank of India (SBI) and IDFC First Bank have provided digital currency (e-Rupee) payment facility to their customers through UPI. Both the banks have started UPI QR code scan service regarding Central Bank Digital Currency (CBDC) i.e. digital currency. It has been named UPI Interoperability. This facility will … Read more