MoU signed between MEA and SBI for digital payment aggregation services

by Psu Connect
Date: 18-06-24

The portal also has a mechanism for voluntary registration of emigrants holding ECNR category passports proceeding for overseas employment.

MoU signed between MEA and SBI for digital payment aggregation services

A Memorandum of Understanding (MoU) was signed between the Ministry of External Affairs (MEA), the Government of India, and the State Bank of India to provide additional digital payment services of the SBI through a payment gateway called SBIePay to Indian migrant workers, Recruiting Agents (RAs) and other users of the eMigrate portal (https://emigrate.gov.in).

The MoU was signed by Shri Bramha Kumar, Joint Secretary (OE & PGE) on behalf of the Ministry and Shri Neelesh Dwivedi, General Manager (NW-I) from the SBI at Sushma Swaraj Bhawan, Chankyapuri, New Delhi, and will be operational soon after successful integration of SBIePay with eMigrate portal.

Through the implementation of this MoU, payment of various emigration-related fees would be possible with NIL transaction charges for payment through UPI, credit/debit cards, and NEFT through net banking of all Indian banks. Signing of this MoU would further facilitate and enhance the ambit of safe and legal migration of Indian migrant workers.

Since its launch in 2014, the eMigrate project has been assisting Indian workers going to Emigration Check Required (ECR) countries for employment by making the emigration process online & transparent and bringing Foreign Employers (FEs), registered RAs, and insurance companies issuing Pravasi Bhartiya Bima Yojna (PBBY) on one common platform to facilitate seamless, safe and legal migration.

The portal also has a mechanism for voluntary registration of emigrants holding ECNR category passports proceeding for overseas employment.