Major Indian retailer Reliance Retail has implemented support for digital rupee payments in one of its Freshpik stores and plans to expand this experience to all formats of the chain. Writes about it TechCrunch. The company’s CEO V. Subramaniam noted that the initiative is consistent with the desire to provide consumers with a choice. To make a purchase, customers will need to scan a QR code. “Indians will get another efficient and secure alternative payment method” – said the top manager. The deployment of CBDC was made possible through collaboration with ICICI Bank, Kotak Mahindra Bank and Innovative Technologies. Recall
The Reserve Bank of India (RBI) is considering the release of a new digital version of the rupee, the national currency of India. The RBI Could Soon Unveil the Digital Rupee In a document explaining the process, the RBI stated the following: E-rupee or digital rupee will provide an additional…
Not long ago, it was reported that the Reserve Bank of India (RBI) was planning to not only regulate cryptocurrency, but it would also be unveiling a digital version of the rupee, the official... [[ This is a content summary only. Visit my website for full links, other content, and…
The CRE8 index measures the performance of the Indian crypto market in the rupee, rather than US dollars Dollar-denominated crypto indices aren’t accurate representations for Indian investors,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: coinmaker