BENGALURU : India’s larget banker, State Bank of India today announced the launch of mVisa, a mobile-based payment solution. The service will enable customers to make payments from their smartphones, by simply scanning the unique merchant QR (Quick Response) code, at merchant outlets. mVisa is a card-less solution, which facilitates payment by scanning the QR code displayed at the merchant outlet or from the merchants mobile.
SBI customers (both Debit-Card holders, as well as Internet Banking customers, having transaction rights) could now make easy payments to the merchants by simply scanning QR code image, thereby eliminating the need to swipe the physical card at a point-of-sale (PoS) machine.
Bank customer can simply download the latest version of SBI Anywhere application, from ‘Google Play Store’ and need to register for mVisa payments by simply clicking the mVisa icon on the home screen.
Similarly, SBI mVisa merchant app is also available in ‘Google Play Store’ and is used for receiving the payment notification, generation of static and dynamic QR codes and viewing transaction history by the merchants.
SBI mVisa merchants can accept payment from any mVisa customers. While in case of static QR code amount is filled by the mVisa customer himself, in case of dynamic QR code amount can be filled by merchants and can be authoriSed by the customer after scanning of QR code. (UNI)
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