BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is a unique feature of BHIM Baroda Pay?
A
Fund transfer
B
Scan & Pay
C
Collect Request
D
Account balance
Explanation: 

Detailed explanation-1: -Tap on the Request button that is placed between ‘Send’ and ‘Scan & Pay’ button. It will take you to the page where you need to enter payer’s UPI ID or mobile number. Here, enter payer’s UPI ID or mobile number. You can also select one from your contact list by tapping on the contact tab.

Detailed explanation-2: -The Bharat Interface for Money (BHIM) is an innovative payment system developed by the Government of India. BHIM provides an easy and secure mode of money transfer for users on a mobile platform. It provides the facility to easily send or receive money from other customers using the Unified Payment Interface (UPI).

Detailed explanation-3: -General Business Rules Governing BHIM Baroda Pay: The Facility will be available to customers having a satisfactory running Savings/Current account/Overdraft account with the any Bank live on UPI.

There is 1 question to complete.