Our Digital Payments coverage is brought you by Chillr: India’s 1st multi-Bank instant mobile payment app enabling fund transfers to anyone in your phonebook. State Bank of India (SBI), the country's largest lender, will be soon launching a mobile wallet for feature phones, according to a report by the Press Trust of India. The application will be called Batua and the bank hopes that it will be able to roll out the wallet out in the next 3-4 months, the publication added quoting SBI managing director Rajnish Kumar. Batua' can be used to make utility payments, transfer funds and buy air tickets, among others things, and it will be available in 13 languages, Kumar added. An Economic Times report also said that Batua will have to be downloaded from SBI's website and then load the app on feature phones. SBI already has a mobile wallet called Buddy which it launched in August. SBI Buddy is also available to non-bank customers. The app allows users to add money via debit card, net banking or IMPS, then enable them to send the money to any contact on their phone books or on Facebook. Users would be able to track requests of money owed by them and owed to them. The Economic Times report also added that SBI is developing another version of Batua for basic phones which have no internet access and does not require downloading any app. Recent developments - Earlier this month, it was reported that SBI customers weren't able to load money onto Paytm wallet through netbanking which…
