Hindustan Coca-Cola Beverages Pvt. Ltd (HCCBPL), State Bank of India (SBI) and Coca-Cola India Pvt. Ltd. (CCIPL), announced a strategic partnership to enable over 2.6 million retailers and 5000 distributors in conducting business transactions digitally.
Ms. Arundhati Bhattacharya, Chairman, State Bank of India and Mr. T. Krishnakumar, Chairman & Chief Executive Officer – HCCBPL. & Region Director – South Asia, signed an MOU, which entails initiating the digitization process with retailers by onboarding them into the SBI’s digital payment options such as Buddy P2P, Buddy Merchant App, SBI Pay. To aid a smooth transition process, along with SBI authorized trainers, Coca-Cola will provide training to the retailers on new and evolving digital business transaction solutions.
HCCBPL and CCIPL will leverage “Coca-Cola University on Wheels” (CCU) under its “Parivartan” program to train the retailers and distributors on handling of the digital payments. The training will integrate SBI’s developed digital payments module into the training capsule. Additionally, HCCBPL, SBI and CCIPL will create a customized payment solution for retailers and distributors selling Coca-Cola products in India.
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