Kotak Mahindra Bank Ups The Ante With the Digital Rupee (e₹) App

Mumbai, 31 August, 2023. Kotak Mahindra Bank Limited (“KMBL”/“Kotak”) today announced the introduction of a UPI interoperability feature on its Digital Rupee (e₹) application as a part of the RBI’s CBDC pilot project.With this, e₹ app users can now scan any QR code at merchants to make payments for groceries and daily expenses. This feature…

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