Crunchfish partners with IDFC FIRST Bank to demostrate offline retail payments in RBI’s pilot
IDFC FIRST Bank is set to be a part of RBI’s pilot project to enable offline payments. This project will give access to digital payments even when there is no network. This unique digital payment solution was designed by Crunchfish for merchants and customers under the RBI’s Regulatory Sandbox Program.[A picture containing graphical user interface Description automatically generated] This project will provide support for offline retail payments based on a Digital Cash platform to the payment ecosystem of India. IDFC FIRST Bank will be one of the first few banks to be a part of this