CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has recently launched contactless mobile phone payments facility?
A
HDFC
B
SBI
C
ICICI
D
BOB
Explanation: 

Detailed explanation-1: -SBI Card Pay uses the NFC technology to make a contactless payment that is carried out by using a smartphone at NFC enabled Point of Sale (POS) machines. You can transact up to Rs. 25,000 in a day (max.

Detailed explanation-2: -Google Pay Now Supports NFC Payments In India: How To Tap And Pay With Google Pay On Smartphone.

Detailed explanation-3: -To set up contactless payments with Google Pay, your Android phone will need: NFC enabled. Android version Lollipop (5.0) or higher. A card supported for contactless payments.

Detailed explanation-4: -You can check for NFC settings on your Samsung Android device by looking in the settings app > connections > tap NFC and contactless payments. If you see an option for NFC there, your device is enabled to make NFC payments.

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