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).
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