×
182
Fashion Jobs
ADIDAS
Manager Information Security
Permanent · GURUGRAM
ADIDAS
Senior Specialist - Finance Operations D2C
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations D2C
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations D2C
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations Owm
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations Owm
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations D2C
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations D2C
Permanent · CHENNAI
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED, (MURUGAPPA GROUP)
Area Business Manager - Vehicle Finance
Permanent · Dumka
KOTAK LIFE INSURANCE
Hiring For Business Development Manager (Avp) Bandhan Bank Sales
Permanent · Guwahati
ADD UR CO LLP
t3 General Manager Technical & qc
Permanent · Chennai
NEWELL
Area Sales Manager
Permanent ·
COLUMBIA SPORTSWEAR COMPANY
Financial Compliance Analyst ii
Permanent · BENGALURU
COLUMBIA SPORTSWEAR COMPANY
Financial Compliance Manager
Permanent · BENGALURU
NEWELL
Area Sales Manager
Permanent · COIMBATORE
RELIANCE RETAIL
Vacancy : Area Sales Manager - Tirunelveli ,Kottayam ,Pondicherry
Permanent · Tirunelveli
MCKENZIE
Hiring For Retail Store Merchandiser / Manager
Permanent · Chennai
NEWELL
Regional Sales Manager
Permanent · CHENNAI
ADIDAS
Manager, Digital Platform Operations, Apac
Permanent · GURUGRAM
AIRTEL
Area Manager Prepaid Sales - Kollam
Permanent · Alappuzha
ADIDAS
Senior Technology Consultant
Permanent · GURUGRAM
ALEMBIC PHARMACEUTICALS
Senior Manager - Production Compliance (Injectable)
Permanent · Vadodara
Published
Feb 3, 2023
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Reliance Retail starts to accept government's Digital Rupee for sales

Published
Feb 3, 2023

Reliance Retail has become the first business in India to launch in-store acceptance of the Reserve Bank of India’s blockchain-based Central Bank Digital Currency. The retail giant has launched acceptance of the Digital Rupee inits Freshpik stores. 

Reliance Retail is embracing the Digital Rupee


The business has partnered with ICICI Bank, Kotak Mahindra Bank, and Innoviti Technologies to launch its in-store support for payment via the Digital Rupee, ET Bureau reported. In order to access the Digital Rupee, a bank account is not needed but rather access can be facilitated through a central bank-issued digital wallet. The government intends for the Digital Rupee to co-exist with cash. 
 
“The historic initiative of pioneering the digital currency acceptance at our stores is in line with the company’s strategic vision of offering the power of choice to Indian consumers,” said Reliance Retail’s director V Subramaniam, Indo-Asian News Service reported. “With more Indians willing to transact digitally, this initiative will help us provide yet another efficient and secure alternative payment method to customers at our stores.”

The RBI launched the first stage of its pilot project for its Digital Rupee in four Indian cities with four banks in 2022. The Digital Rupee is designed to increase efficiency in the inter-bank market, according to the RBI. 

Copyright © 2023 FashionNetwork.com All rights reserved.