<p>The State Bank of India (SBI) and Amazon.in on Wednesday signed a pact to identify areas of cooperation to build a digital India which meets the aspirations of the next generation of customers and small businesses.<br /><br /></p>.<p>SBI and Amazon.in will develop trusted and frictionless payments and commerce solutions for customers and small businesses, capitalizing on the exponential growth in internet penetration to drive the adoption of e-commerce and m-commerce in India, a statement said.<br /><br />"As the premier bank of the country, we are always exploring ways to fulfill the aspirations of our millions of customers. Our partnership with e-commerce platforms like Amazon would give a fillip to e-commerce in India and brings lots of value to our retail and SME customers," said SBI chairman Arundhati Bhattacharya.<br /><br />She said the bank is working on ways to enrich customers' payment experience and opening up the windows of e-commerce to its SME customers.<br /><br />"E-commerce as an industry is at inflection point and SBI stands with all the stake holders - the retail customers, the SME clientele, the large logistics companies, others - in facilitating this defining change," she added.<br /><br />"SBI shares Amazon's philosophy of building customer trust and investing for the long term. We have a great opportunity to work together to transform how India shops and sells," said Amazon India vice president and country manager Amit Agarwal.<br /></p>
<p>The State Bank of India (SBI) and Amazon.in on Wednesday signed a pact to identify areas of cooperation to build a digital India which meets the aspirations of the next generation of customers and small businesses.<br /><br /></p>.<p>SBI and Amazon.in will develop trusted and frictionless payments and commerce solutions for customers and small businesses, capitalizing on the exponential growth in internet penetration to drive the adoption of e-commerce and m-commerce in India, a statement said.<br /><br />"As the premier bank of the country, we are always exploring ways to fulfill the aspirations of our millions of customers. Our partnership with e-commerce platforms like Amazon would give a fillip to e-commerce in India and brings lots of value to our retail and SME customers," said SBI chairman Arundhati Bhattacharya.<br /><br />She said the bank is working on ways to enrich customers' payment experience and opening up the windows of e-commerce to its SME customers.<br /><br />"E-commerce as an industry is at inflection point and SBI stands with all the stake holders - the retail customers, the SME clientele, the large logistics companies, others - in facilitating this defining change," she added.<br /><br />"SBI shares Amazon's philosophy of building customer trust and investing for the long term. We have a great opportunity to work together to transform how India shops and sells," said Amazon India vice president and country manager Amit Agarwal.<br /></p>