Bharti Airtel’s arm -- Airtel Payments Bank, identity technology company IDEMIA and Nokia brand phone maker HMD Global have joined hands to bring Central Bank Digital Currency (CBDC) on feature phones in India. All three organizations would be working together to introduce an advanced offline payment system over the next few months that would facilitate the use of the digital rupee on feature phones and promoting financial inclusion.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.