The State Bank of India (SBI) has quietly launched a horizontal e-commerce marketplace for its own debit card holders. The venture is powered by MartJack. It has partnered with various standalone retailers in the country and has listed a large portfolio of products, including mobile phones, tablets, LED TVs, footwear, bags, healthcare devices, gaming and clothing. All orders will be delivered by the respective merchants. It’s unclear why SBI is limiting this marketplace to debit card holders. Link


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