SWR Managing Director Sanjeev Kishore received the PoS machines from SBI Deputy Managing Director Rajendran S Hubballi on Monday at an event held at the main branch in Keshwapur to mark the completion of 100 years of the bank branch.
Kishore said organizational transformation, especially of those in the public sector, is a challenge. Nevertheless, SBI has shown the way forward. “To push forward the Prime Minister’s Digital India initiative, SWR has partnered with SBI to spread digital payment methods. Already 330 POS machines are with SWR and are placed at the counters of the No Reserve Ticketing System/Reservation System passengers and parcel offices. Now, for the first time, 120 POS machines will be used by TTE/Ticket screening staff. In Hubballi, Bengaluru and Mysuru divisions, 40, 50 and 30 machines will be installed, respectively “, did he declare.
“This decision will improve transparency, speed of transactions and promote cashless payment for passengers in the midst of Covid-19. It offers flexibility of payment options to passengers. Ticket verification staff can complete the assessments through digital passenger payments. The system also tracks cash flow in real time and facilitates record maintenance and avoids corruption,” he said.