CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following online payment system has launched one-step offline payments with ’Bubble Pin’.
A
Stripe
B
Freecharge
C
Paytm
D
MobiKwik
Explanation: 

Detailed explanation-1: -Offline payments are made via cash, checks, bank transfers, postal orders, or any other offline means besides online payment methods such as cards, online wallets, etc.

Detailed explanation-2: -Meaning of offline payments and online payments Some of the examples of offline modes of payment are cash and cheques. An online mode of payment requires an internet connection. In this payment method, customers’ money is transferred to your account as soon as the customer makes the payment.

Detailed explanation-3: -Offline payment processing lets you take card payments anywhere, anytime, even if there’s no Wi-Fi. With Square’s Offline Mode, you can take secure, offline credit card transactions that are automatically processed when you have connectivity again.

Detailed explanation-4: -How to access: Choose Pay or Send on the app’s opening screen, and then pick from the options: OnTheGo Pin, Scan QR Code, Show QR Code, or Sound Payment. Apart from the regular options, you can scan QR codes and an auto-refreshing alpha-numeric code to pay via MobiKwik at offline stores.

There is 1 question to complete.