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Odisha State Government Department Signs MoU With SBI

Odisha State Government Department Signs MoU With SBI


  1. The MoU has been signed between the government of Odisha and SBI
  2. Revenue collection in the state will be done via SBI e-pay
  3. Cashless payment methods in 42 partner bank branches can be used
New Delhi: The Odisha government's Directorate of Treasuries and Inspection and the State Bank of India (SBI) have signed an Memorandum of Understanding (MoU) for integration of SBI e-Pay with cyber treasury. The MoU is a landmark initiative by the state government to facilitate revenue collection from citizens through digital banking platform, an official said.

The SBI e-Pay is the payment aggregator service wing of the bank which will facilitate on line payment of government dues by the customers of any public/ private sector banks by using the payment gateway of SBI.

Any mode like debit card/ credit card/ mobile banking/net banking facility provided by approximately 42 partner banks can be used by the users/ payers besides facility of cash deposit at any branch of SBI across the state.

All revenue generating departments of the state government can integrate with this Gateway through state treasuries. Right now, industries and revenue department are integrated with this gateway for smooth collection of the state revenue, he said.

It will promote hassle free digital transaction and one noble initiative to enhance digital penetration by the state's finance department and SBI, Bhubaneswar Circle, he said.

The MoU has been signed by Bhabani Prasad Nanda, Director, Treasuries & Inspection and Goutam Roy, DGM, SBI on behalf of Odisha government and SBI respectively.

Also Read: India's Four Metros Can Gain $7.2 Billion Per Year On Digital Payment Boost, Says Study

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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About The Campaign

About The Campaign

NDTV along with MasterCard is launching a multi-platform campaign “Cashless Bano India”, to create digital awareness and educate the masses about digital payment solutions for day to day transactions.

The campaign aims to take the message of a cash free India to the country, all while educating them on the ways and means to do it.

We aim to reach out to people and educate them on:

1). Digital and financial literacy

2). New generation digital payment solutions

3). Enabling merchants and consumers to understand and adopt secured and safe payment Solutions

4). Ease of usage at point of sales