For Educational Institution to enrol in Baroda Paypoint must be established for minimum ..... years as Educational Institute.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

For Educational Institution to enrol in Baroda Paypoint must be established for minimum ____ years as Educational Institute.

A	1
B	2
C	3
D	5

Explanation:

Detailed explanation-1: -PayPoint India has entered into a partnership with Bank of Baroda, enabling the bank to further expand its network by utilising PayPoint’s customer service points to a reach out to a larger pool of customers and achieve a bigger geographical spread.

Detailed explanation-2: -Baroda PayPoint is a web/mobile-based online/offline payment collection portal, providing an easy interface between Merchant and consumer for secured payments using online and offline mode by shielding them from underlying complexity of payment transactions and integration with electronic fund transfer switches.

Detailed explanation-3: -The payment gateway encrypts the card details and performs fraud checks before sending the card data to the acquirer. The acquirer securely sends the information to the card schemes which carry out another layer of fraud checks, and the schemes transmit the payment data to the issuer for payment authorisation.

Detailed explanation-4: -One of the oldest payment gateways, Authorize.net is available in more than 33 countries and serves more than 400, 000 customers.

There is 1 question to complete.