HomeNewsBankingSBI launches NAV-eCash Card for Indian Navy onboard INS Vikramaditya

SBI launches NAV-eCash Card for Indian Navy onboard INS Vikramaditya

SBI launches NAV-eCash Card for Indian Navy onboard INS Vikramaditya

State Bank of India (SBI) has launched the lender’s NAV-eCash card onboard the country’s largest Naval Aircraft carrier INS Vikramaditya in collaboration with the Indian Navy.

  • NAV-eCash card will be an important milestone for digital payment solution and the bank’s commitment towards the Centre’s vision of Digital India and a shift towards less-cash economy.
  • It will help in removing the difficulties faced by personnel onboard in handling physical cash during deployment of the ship at high seas.
  • NAV-eCash Card will roll in changing the payment ecosystem.

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SourceNDTV

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