Amid a wave of e-commerce and surge in online payments, State Bank of India has partnered with global e-commerce firm Amazon to serve its customers and small businesses.
"SBI and Amazon will develop trusted, frictionless payments and commerce solutions for customers and small businesses, capitalising on the exponential growth in internet penetration to drive the adoption of ecommerce and m-commerce in India," SBI said in a statement.
"We are working on ways to enrich customers' patent experience and opening up windows of e-commerce to our SME customers...We have a great opportunity to work tofwter to transform how India shops and sells," said Arundhati Bhattacharya, Chairman of SBI.