CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who teams up with Softbank, Yahoo to launch ‘PayPay’ service in Japan?
A
Paytm
B
BankBazzar
C
Payzapp
D
Yono
Explanation: 

Detailed explanation-1: -PayPay is run by a joint venture between SoftBank and Yahoo Japan, with Paytm as the technology partner.

Detailed explanation-2: -PayPay Corporation is a Japanese company that develops electronic payment services. It was established in 2018 as a joint venture between the SoftBank Group and Yahoo Japan through Z Holdings, their holding company. With 38 million users, PayPay is the largest Japanese mobile payment app.

Detailed explanation-3: -and Yahoo Japan even closer together as Yahoo Japan became a consolidated subsidiary of SoftBank Corp.

Detailed explanation-4: -One97 Communications, which owns and operates mobile payments firm Paytm, has collaborated with SoftBank Corp and Yahoo Japan Corporation to launch mobile payments service ‘PayPay’ in Japan.

There is 1 question to complete.