CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has announced the signing of an agreement with Avenues India Pvt Ltd to enhance customer support
A
Nainital Bank
B
RBL Bank
C
Karur Vysya Bank
D
Bandhan Bank Ltd
Explanation: 

Detailed explanation-1: -Avenues, the parent company of CCAvenue, South Asia’s leading payment gateway provider, is pleased to announce that it has signed a net banking agreement with Indian Bank, one of the largest public sector banks in the country.

Detailed explanation-2: -PayU. PayU is one of the top payment gateways in India, which supports 150+ modes of payment including UPI, net banking, debit and credit cards, and static and dynamic QR. The payment gateway allows businesses to accept payments in multiple currencies.

Detailed explanation-3: -There are two types of payment aggregators in India: Third-party payment aggregators. Bank payment aggregators.

Detailed explanation-4: -After your customer clicks on the payment link, they are taken to your payment processor’s page to enter their card details and make the payment, after which they are redirected to your website. An example of this type of payment gateway is PayPal.

There is 1 question to complete.