PayPal, a digital payments platform has announced its strategic partnership with and.....to offer safer, faster and convenient payment experiences for the banks cardholders.

BANKING GENERAL KNOWLEDGE

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

PayPal, a digital payments platform has announced its strategic partnership with and____to offer safer, faster and convenient payment experiences for the bank’s cardholders.

A	Kotak Mahindra Bank
B	Axis Bank
C	State Bank of India
D	HDFC Bank

Explanation:

Detailed explanation-1: -BENGALURU: Global digital payments major PayPal has partnered with HDFC Bank to offer a safer, faster and more convenient payment experience for HDFC Bank card holders and help drive incremental digital spend.

Detailed explanation-2: -HDFC Bank unveiled its UPI for Chillr, a multi-bank payment service.

Detailed explanation-3: -A payment gateway is software which facilitates, processes, and/or authorizes banking or credit card information to online retailers. It helps ensure that the customer has the funds to pay for the product so that you, the store owner, gets paid. PayPal is an example of a payment gateway which is popular in ecommerce.

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