BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Merchant will be settled for international cards transaction by BOB on ____ for IPG and in ____ for Paypoint.
A
T+2 (working days), T+2 (working day)
B
T+1 (working days), T+2 (working day)
C
T+3 (working days), T+3 (working day)
D
T+2 (working days), T+1 (working day)
Explanation: 

Detailed explanation-1: -Bank of Baroda provides a facility, to receive payment online from any debit/credit card, UPI (VPA & QR code), wallet, net banking (through aggregator) of more than 40+ banks, called ‘Baroda e-Gateway’ (Internet Payment Gateway), which is a safe, secure, and trusted payment solution for e-commerce/online business.

Detailed explanation-2: -The extensive worldwide network of branches of Bank of Baroda offers international banking services.

Detailed explanation-3: -Internet Payment Gateway (IPG) is an e-commerce application service that authorizes payments for e-businesses e.g online payments (fee/fines/deposits)

There is 1 question to complete.