IndusInd Bank has entered into an association with Indraprastha Gas (IGL), to facilitate the acceptance of Digital Rupee, the Central Bank Digital Currency (CBDC) launched by the Reserve Bank of India in 2022. This collaboration will enable customers at select IGL stations in Delhi NCR, to make payments using the Digital Rupee, fostering the use and acceptance of India’s Digital Currency.
Further, through UPI interoperability, customers can scan any UPI QR using their Digital Rupee App across all IGL stations. The Digital Rupee solution is available on both iOS and Android platforms, ensuring a user-friendly experience and offering various features such as peer-to-peer (P2P) and peer-to-merchant (P2M) payments with complete UPI QR interoperability.
IndusInd Bank is one of the fastest-growing banks in the banking sector in India.