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Bank of Baroda bags contract from MCGM for online payment services

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State-owned Bank of Baroda has said it has bagged contract from Municipal Corporation of Greater Mumbai (MCGM) to establish digital payment collection services for a period of five years. With this, Mumbaikars will have an alternative digital payment services for making all payments and dues to the civic body, the bank said.

The digital modes which can be used for making payments include UPI, QR code, BHIM, IMPS, debit card, credit card, net banking, prepaid card e-wallets and m-wallets among others. All the services will be provided free of cost.

The bank will offer the all facility with zero merchant discount rate (MDR). The bank’s spokesperson said the bids for the contract were invited last September.

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1 Comment
  1. Albin says

    A chatbot is the future of banking and financial services. They can provide efficient customer support with minimal setup. They improve customer operational support and go easy on your pocket as well.

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