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DBS Bank partners with TCIL for real-time payments to truck drivers

Wednesday 3 June 2020 10:07 CET | News

DBS Bank has partnered with Transport Corporation of India Limited (TCIL) to facilitate real time payments for truck drivers.

With this solution, TCIL truck drivers receive an instant credit into their bank account, which they can then swipe at terminals or withdraw cash using ATMs.

The solution has been set up under the aegis of National Payments Corporation of India (NPCI). 


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Keywords: DBS Bank, TCIL, real-time payments
Categories: Banking & Fintech
Companies:
Countries: India
This article is part of category

Banking & Fintech