BHUBANESWAR: The State Government’s Directorate of Treasuries and Inspection and the State Bank of India (SBI) have signed an Memorandum of Understanding (MoU) for integration of SBI e-Pay with cyber treasury.The MoU is a landmark initiative by the Government to facilitate revenue collection from citizens through digital banking platform. The SBI e-Pay is the payment aggregator service wing of the bank, which will facilitate online payment of government dues by the customers of any public/private sector banks by using the payment gateway of SBI.
Any mode like debit card, credit card, mobile banking and net banking facility provided by approximately 42 partner banks can be used by the users/ payers besides facility of cash deposit at any branch of SBI across the State. All revenue generating departments of the Government can integrate with this gateway through State treasuries. The Industries and Revenue departments are now integrated with this gateway for smooth collection of government revenue.
It will promote hassle free digital transaction and to enhance digital penetration by Finance department and SBI, Bhubaneswar Circle. The MoU has been signed by Director of Treasuries and Inspection Bhabani Prasad Nanda and DGM of SBI Goutam Roy.