2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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State Bank of India
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HDFC Bank
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ICICI Bank
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Canara Bank
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Detailed explanation-1: -ICICI Bank partners with Truecaller to launch a UPI based mobile payment service.
Detailed explanation-2: -The new version PhonePe app to add or create ICICI Bank’s UPI ID will be gradually rolled out to the users in the coming weeks: PhonePe giving its users the option to create and use multiple UPI IDs with ICICI Bank’s “ibl” handle and YES Bank’s ‘ybl’ handle on the PhonePe app.
Detailed explanation-3: -In relation to UPI Payment Transactions, Google Pay is a TPAP authorised by NPCI to facilitate Payment Transactions through HDFC Bank, Axis Bank, ICICI Bank and State Bank of India.
Detailed explanation-4: -Truecaller Pay is a collaboration between ICICI bank and the Truecaller app. Users can create a unique Unified Payment Interface number (UPI) within the app by linking their mobile number with their bank account number. This enables them to send and receive money and make payments using a mobile or UPI number.