BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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SBI
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ICICI Bank
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HSBC Bank
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Canara Bank
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Detailed explanation-1: -ICICI Bank is the first bank globally to launch a mobile app based ‘mVisa’ solution for consumers and merchants.
Detailed explanation-2: -State Bank of India recently announced the launch of mVisa.
Detailed explanation-3: -mVisa is a revolutionary payment method in which payments can be done using the smartphone. There is no need to produce a card at the merchant location for payment, or queue up at the ATM in order to withdraw or deposit cash. The customer just needs to scan the QR code and make the payment.
Detailed explanation-4: -ICICI Bank launched the country’s first contactless mobile payment solution to enable its credit and debit customers to make in-store contactless payments by just waving their smartphones near an NFC-enabled merchant terminal.
Detailed explanation-5: -Electronic payment order means an instruction given to a bank to pay or collect a specific sum of money out of a designated account, to or for a payee, or to or for a payee’s account, and includes any amendment to a payment order.