Categories: Business

External Affairs Ministry, SBI ink MoU to enhance digital payment services for eMigrate portal users

NEW DELHI: The Ministry of External Affairs (MEA) and the State Bank of India (SBI) signed a Memorandum of Understanding (MoU) on Saturday to enhance digital payment services for users of the eMigrate portal.
The agreement was signed by Joint Secretary OE and PGE (Overseas Employment and Protector General of Emigrants) Bramha Kumar, on behalf of the Ministry, and Neelesh Dwivedi, General Manager (NW-I) from SBI, at Sushma Swaraj Bhawan in Delhi.
This MoU will become operational following the successful integration of SBI’s payment gateway, SBIePay, with the eMigrate portal.
The integration of SBIePay with the eMigrate portal will allow Indian migrant workers, Recruiting Agents (RAs), and other users to make various emigration-related payments with ease. This includes transactions via UPI, credit/debit cards, and NEFT through net banking of all Indian banks, all with no transaction charges.
“Signing of this MoU would further facilitate and enhance the ambit of safe and legal migration of Indian migrant workers” said the Ministry.
The eMigrate project, launched in 2014, was designed to support Indian workers heading to Emigration Check Required (ECR) countries for employment. By making the emigration process online and transparent, it aimed to simplify and secure the migration experience.
The platform brought together Foreign Employers (FEs), registered RAs, and insurance companies offering the Pravasi Bhartiya Bima Yojna (PBBY) on a single platform, promoting seamless and legal migration processes.
Additionally, the portal includes a mechanism for the voluntary registration of emigrants holding ECNR (Emigration Check Not Required) category passports who are seeking employment overseas.
The collaboration between MEA and SBI through the SBIePay integration is a significant step forward in enhancing the digital payment infrastructure for the eMigrate portal.
By providing a cost-free, efficient, and secure method for handling emigration-related fees, the MoU not only streamlines the payment process but also strengthens the overall framework for safe and legal migration of Indian workers abroad.
AD
News Today

Recent Posts

Kareena Kapoor’s Next Untitled Film With Meghna Gulzar Gets Prithviraj Sukumaran On Board

Kareena Kapoor is working with Raazi director Meghna Gulzar for her next film. The project,…

20 hours ago

Purdue basketball freshman Daniel Jacobsen injured vs Northern Kentucky

2024-11-09 15:00:03 WEST LAFAYETTE -- Daniel Jacobsen's second game in Purdue basketball's starting lineup lasted…

20 hours ago

Rashida Jones honors dad Quincy Jones with heartfelt tribute: ‘He was love’

2024-11-09 14:50:03 Rashida Jones is remembering her late father, famed music producer Quincy Jones, in…

20 hours ago

Nosferatu Screening at Apollo Theatre Shows Student Interest in Experimental Cinema – The Oberlin Review

2024-11-09 14:40:03 A silent German expressionist film about vampires accompanied by Radiohead’s music — what…

20 hours ago

What Are Adaptogens? Find Out How These 3 Herbs May Help You Tackle Stress Head-On

Let's face it - life can be downright stressful! With everything moving at breakneck speed,…

20 hours ago

The new Mac Mini takes a small step towards upgradeable storage

Apple’s redesigned Mac Mini M4 has ditched the previous M2 machine’s SSD that was soldered…

20 hours ago