BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Merchants who have their website and are in the business of selling products/services through the Internet.
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Educational institution-for the collection of tuition fees, an online collection of forms fees etc.
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NGO, BPO, IT service provider.
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All the Above.
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Detailed explanation-1: -Bank of Baroda provides a facility, to receive payment online from any debit/credit card, UPI (VPA & QR code), wallet, net banking (through aggregator) of more than 34+ banks, called ‘Baroda e-Gateway’ (Internet Payment Gateway), which is a safe, secure, and trusted payment solution for e-Commerce/online business.
Detailed explanation-2: -Payment gateway rejection: At times, the payment gateway that you are using may reject your transaction. This often happens because certain merchants may have an upper limit on transactions. If the transaction exceeds that amount, it gets declined.
Detailed explanation-3: -Apart from the Loans, Deposits and Cards, Bank of Baroda offers other services that add value to our banking system, such as capital market services, collection services, ECS, etc. Browse through all the other services that we offer to our customers.
Detailed explanation-4: -Users can choose any method of payment according to their convenience and pay outstanding bills as per the due date. The online payment modes available to Bank of Baroda credit card holders can use the following offline payment options-Cheques, Auto Debits, Drafts or Cash payments at branches.