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Multi Option Payment Acceptance Device (MOPAD)
August 10 , 2018
2298 days
1319
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- India’s largest bank State Bank of India (SBI) has launched its Multi Option Payment Acceptance Device (MOPAD) for digital payments convenience of merchants and consumers.
- It aims at providing digital convenience to customers and ease of doing business for merchants at the same time.
- It will allow customers to make payments through cards, Bharat QR, UPI and SBI Buddy (e-wallet) on single Point–of–Sale (PoS) terminal.
- It provides convenience to merchants by eliminating multiple machines that they keep in order to facilitate transaction from different sources.
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