Crunchfish sign first Digital Cash commercial agreement
As a result of the successful RBI pilot project to enable offline payments with Digital Cash, Crunchfish today entered a commercial license agreement with IDFC FIRST Bank in India. Integration of Digital Cash is ongoing and release of an IDFC FIRST Bank payment app with support for Digital Cash is planned for Q3.
The RBI pilot , to provide support for offline retail payments to the payment ecosystem of India based on the Digital Cash platform, concluded during May. The pilot was a great