SBI launches online aggregator service SBIepay

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SBI launches online aggregator service SBIepay
SBIePay, an online aggregator service, was launched by State Bank of India (SBI) to facilitate e-Commerce/ m-Commerce transactions between merchants, customers and various financial institutions for all kinds of payments.

SBIePay service will provide payment facilities to SBI's customers for undertaking online transactions.

The service will also offer Electronic Bill Presentment and Payment platform (EBPP) and IVRS for making payment over phones.

As per the bank's statement, SBIePay will bring in additional payment modes and will also provide business information and analytics to the merchants and banks for all transactions.

Read more about: state bank of india
Story first published: Friday, March 14, 2014, 9:20 [IST]
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