Reliance Retail to accept India’s CBDC at stores

  • Reliance Retail, India’s largest retail chain, will accept payments in digital rupee.
  • This move could accelerate the adoption of India’s recently launched CBDC.
  • Reliance Retail has partnered with ICICI Bank, Kotak Mahindra Bank, and fintech Innoviti Technologies to launch in-store support for digital rupee.
  • Customers will be able to use digital rupee to make payments at Reliance Retail stores.
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