BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To enroll Internet Payment Gateway minimum ____ months of satisfactory relationship is required.
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3
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6
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12
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18
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Explanation:
Detailed explanation-1: -Overall, payment gateways simplify the online payment process for your business and help you receive payments faster, more conveniently, and with better security. If you are considering receiving online payments, or want to enhance the method you are already using, then a payment gateway is what you’re looking for.
Detailed explanation-2: -1) Payment Gateway transaction limit is up to 10 lakh per day / per transaction.
Detailed explanation-3: -Payment Aggregators in India must have a minimum net value of INR 15 crore at the time of application, whether they are a new firm or an existing entity. The net worth must then increase to 25 crores within the guidelines’ defined time range.
There is 1 question to complete.