- An MoU has been signed between Ministry of External Affairs (MEA) and State Bank of India (SBI).
- The MoU is for digital payment aggregation services by integration of SBIePay with eMigrate portal.
- Under the MoU, additional digital payment services of the SBI through payment gateway called SBIePay will be provided to Indian migrant workers, Recruiting Agents (RAs) and other users of the eMigrate portal.
- The MoU will be operational soon after successful integration of SBIePay with eMigrate portal.
- This MoU will enable the payment of various emigration-related fees with no transaction fees when using UPI, credit/debit cards, or NEFT through all Indian banks’ net banking.
- The execution of this MoU would expand and improve the scope of safe and authorised migration for Indian migrant labourers.
The eMigrate project has been supporting Indian workers seeking jobs in Emigration Check Required (ECR) nations since its inception