The partnership will also provide financial solutions to SBI’s Micro Small and Medium Enterprise (MSME) customers using PayPal services.
“It provides a perfect opportunity to both of us to collaborate and offer a wide gamut of customized financial solutions to merchants across the board. This would bring new opportunities for our SME customer base,” said B Sriram, MD, State Bank of India.
SBI had also partnered with Amazon to develop frictionless payments, commerce solutions for customers and small businesses and building customer trust.
