BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In Paypoint Colony World is suitable for:
A
Retailer shop in colony
B
Govt. colonies in Semi urban area
C
Housing Societies / Apartments
D
Insurance
Explanation: 

Detailed explanation-1: -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-2: -The internet payment gateway is the infrastructure that allows an organizations to accept credit card/ Debit card/ e-Banking/ IMPS etc payments over their web portals/websites. A payment process in IPG is a transaction between the users and organizations, with transfer of funds in between following accounts.

There is 1 question to complete.