Overview
SBIePay is State Bank of India's payment aggregator for collecting payments in India. It brings banking and digital channels, plus cash payments at branches, into a single connection.
Methods and channels - net banking; - bank cards; - UPI, India's instant transfer system using a virtual address or QR code; - NEFT, interbank transfers over the national system; - CSCs (Common Service Centres), a network of public service points where payments can be made; - payments at bank branches.
Who it is for The aggregator focuses on government bodies and education: agencies, schools and universities collecting fees, duties and tuition. The wide mix of channels, including offline points, lets people pay even without a card or online banking habits.
Geography and terms The service operates in India. Pricing, settlement timing and requirements for organisations are not stated; they are agreed with the bank when signing a payment collection agreement.
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