State Bank of India has launch a mobile wallet application, SBI Buddy, in collaboration with Accenture and Mastercard. The service will be available to existing as well as non-SBI customers. Launching the M- wallet app at State Bank Bhavan in Mumbai Finance Minister Arun Jaitley said that it would fulfill the changing spending style of digital consumers. He said that the initiative would also encourage paperless monetary transactions and thereby represent the future trend of business world.The application is available in 13 languages with several features like cash transfer, bill payment, all types of ticket bookings payment and booking for movies, hotels as well as for shopping. The app is available to all android mobile phone users, at present, and soon will be launched for other mobile operating software.The Finance Minister also unveiled the logo and website of SBI Foundation which will be the implementing agency for corporate social responsibility (CSR) activities of the State bank group. Jaitley also felicitated Minister of State for Finance Jayant Sinha, and Secretary and Department of Financial services Dr. Hasmukh Adhia, and SBI Chairperson Arundhati Bhattacharya.
News On AIR | August 19, 2015 2:40 PM
SBI launches mobile wallet app 'Buddy'