News

Municipal Corporation of Greater Mumbai partners with Bank of Baroda for online payments

Tuesday 7 January 2020 14:04 CET | News

Municipal Corporation of Greater Mumbai (MCGM) in India, a local civic body, has contracted Bank of Baroda for online payments, according to Electronic Payments International.

Under the contract, the state-owned lender will establish digital payment collection services for a period of five years. 

The move will provide the local people with another alternative digital option to make all payments and dues to the civic body. 

The consumers can use several modes including UPI, QR code, payment cards, BHIM, IMPS, net banking and e-wallets to make such payments. 

All the services will be available free of cost, reported PTI. Also, Bank of Baroda will offer the all facilities with zero merchant discount rate (MDR).


More: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Municipal Corporation of Greater Mumbai, Bank of Baroda, online payments
Categories: Payments & Commerce | Online Payments
Countries: India
This article is part of category

Payments & Commerce