CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank to tie up with the Terra Pay for faster International Remittance?
A
Dena Bank
B
Yes Bank
C
Karnataka Bank
D
Andhra Bank
Explanation: 

Detailed explanation-1: -TerraPay partners with QIWI Bank to facilitate instant international money transfers from across the globe into Russia.

Detailed explanation-2: -TerraPay, a Dutch payments infrastructure company has joined forces with India’s NPCI International Payments (NIPL) to facilitate cross-border transactions for Indian consumers and merchants. Indian consumers and merchants who have an active Unified Payments Interface Id (UPI Id) will be able to transfer money abroad.

Detailed explanation-3: -Where is the global headquarters of Terra Payment Services? Global headquarters for Terra Payment Services is located in Amsterdam, Netherland.

Detailed explanation-4: -TerraPay was founded in 2015 by Ambar Sur, Ram Sundaram, Aniruddha Sane and Akbar Hussain. Ambar Sur has over 23 years of experience in telecom and mobile payments.

There is 1 question to complete.