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

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.

PTI | Updated on: 11 Apr 2017, 06:42:58 PM
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.

ALSO READ | Centre to frame policy to further reduce charges on cashless transactions

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”. 

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First Published : 11 Apr 2017, 06:33:00 PM

Related Tags:

Cashless Transactions SBI