Cashless transactions: Postal dept, SBI join hands to promote buddy e-wallet and POS machines

11 April 2017, 06:42 PM
State Bank of India
State Bank of India

The Postal department has joined hands with State Bank of India to promote ‘SBI buddy e-wallet’ and POS machines for cashless transactions at Post Office counters while booking speed post and registered post items.

P K Swain, Chief Postmaster General, Punjab Circle and Anil Kishora, Chief General Manager, SBI, Chandigarh today dedicated SBI buddy e-wallet and SBI POS machines at Chandigarh General Post Office for the general public, an official release said here.

Swain said that installation of SBI Buddy e-wallet and POS machines will facilitate economy through digital payments/cashless transactions in the post offices.

He also informed that SBI buddy e-wallet and SBI POS machines facility will be further extended to other post offices in Punjab.

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Swain said that India Post is not only a partner in the nation’s growth but also a partner in the nation’s vision of a “cashless India”. 

First Published: Tuesday, April 11, 2017 06:33 PM
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