SBI launches unified multi option payment
The State Bank of India (SBI) on Wednesday launched its latest customer-friendly digital initiative Multi Option Payment Acceptance Device (MOPAD). The new system will help the customers making payments through cards, Bharat QR, UPI and SBI Buddy (e-wallet) on a Point of Sale (PoS) terminal. The new initiative is aimed at providing digital convenience to its customers and promoting the ease of doing business for merchants. As soon as the transaction is done, a customer gets a charge-slip as the proof of payment.