CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
_________ rebranded as Google pay to offer Instant Bank Loans?
A
Payzapp
B
Tez
C
Paytm
D
PayUmoney
Explanation: 

Detailed explanation-1: -Google Pay doesn’t provide any loans or review your loan application.

Detailed explanation-2: -Tez was a mobile payments service by Google, targeted at users in India, later folded into the new Google Pay app on 28 August 2018.

Detailed explanation-3: -In a bid to increase its market share in India’s payments market, Google on Tuesday rebranded its payments app Google Tez into Google Pay. The tech gaint also announced its partnership with private banks to facilitate pre-approved loans instantly to Google Pay customers.

Detailed explanation-4: -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.

There is 1 question to complete.