Coca-Cola India partners the State Bank of India for digital transaction

Posted on:04 Jan 2017 09:39:48

Coca-Cola India partners the State Bank of India for digital transaction
04 January 2017 Current Affairs GK: Coca-Cola India and its largest bottling partner Hindustan Coca-Cola beverages have partnered the State Bank of India (SBI) to enable over 2.6 million retailers and 5000 distributors in conducting business transactions digitally. 

All our distributors remit to us on an electronic basis only so all that is already digitized. This whole approach is to ensure that the consumer to retailer transactions become digital so that the payment from the retailer to the distributor can also be digital .

As per the agreement, SBI will educate retailers on digital transactions and even a customised payment solution for retailers and distributors selling Coca-Cola products will be developed. 

As an incentive for going cashless, retailers and merchants will also be able to access loans and other financial services from the bank .

The initiative will be rolled out state-wise starting February. 

Gk Current Affairs April 2017

28 APRIL
NEWS
27 APRIL
NEWS
26 APRIL
NEWS
25 APRIL
NEWS

Gk Current Affairs March 2017

31 MARCH
NEWS
30 MARCH
NEWS
29 MARCH
NEWS
28 MARCH
NEWS

Gk Current Affairs February 2017

28 FEBRUARY
NEWS
27 FEBRUARY
NEWS
25 FEBRUARY
NEWS
24 FEBRUARY
NEWS




Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.