BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
MIS for transaction details of Baroda Paypoint can be obtained through:
A
BOB World Internet, under IPG menu
B
Admin login provided to the Merchant
C
BOB World, under IPG menu
D
BOB World Internet & BOB World both
Explanation: 

Detailed explanation-1: -Ans. To get your mini statement on the mobile, you can either give a missed call on 8468001122 or send ‘MINI<space>last 4-digits of A/C No. ‘ to 8422009988 from your registered mobile number. You will receive an SMS instantly with the details of your last 5 transactions.

Detailed explanation-2: -You can get a copy of your mini statement by calling 8468001122 or texting ‘MINIspace>last 4-digits of A/C No. ‘ to 8422009988. You can also log in to the BOB Connect Net Banking Portal or download and use the Baroda M-Connect Plus mobile application. Mini statements are also available at any BOB or other bank’s ATM.

Detailed explanation-3: -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-4: -Payment gateway sends request to customer’s bank for authorisation. The payment gateway sends the encrypted transaction information to the payment processor used by your bank (the “acquiring bank”). The processor then forwards this to the customer’s card association, for example, MasterCard or Visa.

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