BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
M/s ATOM
|
|
M/s PayTm
|
|
M/s Amazon
|
|
M/s Paypal
|
Detailed explanation-1: -NTT Data’s Indian Subsidiary Gets RBI Nod For Payment Aggregator Licence. Tokyo-based NTT Data’s Indian subsidiary NTT Data Payment Services India (formerly known as Atom Technologies ) has received in-principle approval from the Reserve Bank of India (RBI) for a payment aggregator (PA) licence.
Detailed explanation-2: -Atom Technologies Limited is a payment services provider company, headquartered in Mumbai, India. Atom was started in 2006 as a subsidiary of the Financial Technologies Group, founded by Jignesh Shah.
Detailed explanation-3: -A third-party aggregator is a financial services provider who facilitates payments between the merchant and consumers via different payment methods such as bank transfers and credit or debit cards.
Detailed explanation-4: -Atom payment gateway international payments Atom lets Indian merchants accept international credit card payments on their gateway, including Visa and Mastercard⁴. But as mentioned above, the transaction charge is higher at 3.95%.