PM mentions NPCI products in his Independence Day speech

In his address to the nation on 71st Independence Day, Prime Minister Shri Narendra Modi referred to Bharat Interface for Money (BHIM) App as a unique app in the world for payments and encouraged every citizen to adopt BHIM for monetary transactions. Also, he mentioned that issuance of RuPay cards are in crores while highlighting it as one of the largest initiative globally in terms of technological innovations. He articulated that in future, digital currency will take the place of paper notes and hence we are determined to carry on with a less-cash economy.

Sodexo Partners with RuPay and IDFC Bank to launch Premium Pass

Sodexo announced the launch of Sodexo Premium Pass, a digital employee gifting solution, in partnership with NPCI’s RuPay and IDFC bank. The gifting solution has two variants - the 'Premium Pass - Celebrations' for gifting during festivals and special occasions, and 'Premium Pass - Rewards' for ongoing employee and channel reward, and recognition programs. The cards will be accepted at over two million retail outlets and across all major online portals on the RuPay network. Sodexo's three million daily consumers across 11,000+ clients will now get access to this new offering. Both variants of the Sodexo Premium Pass are personalised and secure PIN-based cards. They can also be linked to the mobile app for easy transactions on the go. Sodexo's clients will have the benefit of ordering and loading these cards from a simple, user-friendly interface that they already use for the meal benefit solution. This offering is poised to usher in a new era in festival gifting, rewards and recognition in India.