State Bank of India Boosted Digital payments firm Cashfree

As digital payments adoption grows, Cashfree is bolstering its capabilities with SBI’s recent investment. It will be interesting to watch the digital payments space in India in the near to medium-term future.

Covid-19 has provided an impetus for digital payments adoption in India. Though cash may still be considered to be king, there is no denying that State Bank of India (SBI) aims to make digital payments, the mainstream for future financial transactions.

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