CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has announced a new mobile payment solution Touch
A
Yes Bank
B
Axis Bank
C
ICICI Bank
D
Kotak Mahindra Bank
Explanation: 

Detailed explanation-1: -Mumbai: ICICI Bank Limited, India’s largest private sector bank, today announced the launch of a service, enabling customers to make electronic payments from their smartphones at physical stores, e-commerce & other deliveries at home, radio taxis and utility billers among others.

Detailed explanation-2: -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-3: -Notes: ICICI Bank has recently launched a new mobile banking application named ‘iMobile Pay’, which can offer payments and banking services to customers of any bank. Through the app, customers can pay to any UPI (Unified Payments Interface) ID or merchants, pay bills and do online recharges among others.

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