BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which among the following Public sector Bank has launched Contactless Credit Card-Wave N Pay (on Visa Platinum platform), for transactions up to INR 2000?
A
Bank of Baroda
B
Union Bank of India
C
State Bank of India
D
Punjab National Bank
Explanation: 

Detailed explanation-1: -Punjab National Bank launched the PNB Wave & Pay Credit Card as a credit card with contactless technology that lets you use your card without touching the card machine.

Detailed explanation-2: -ICICI Bank has launched the country’s first contactless debit and credit cards on 7 January, 2015.

Detailed explanation-3: -Central Bank of India was the first Bank to introduce credit cards in India.

Detailed explanation-4: -1995. The world’s first contactless payment card for commuters, the UPass is launched by the Seoul Bus Transport Association in South Korea.

There is 1 question to complete.