CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
FamPay launched India’s 1st numberless card in association with which bank?
A
IDFC
B
HDFC
C
SBI
D
PNB
Explanation: 

Detailed explanation-1: -The numberless card is launched in partnership with IDFC Bank and is accepted across the RuPay payment network of merchants.

Detailed explanation-2: -IDFC FIRST Bank FamPay Card. The IDFC FIRST Bank FamPay Prepaid Card – offered by IDFC FIRST Bank and marketed and distributed by FamPay, is a Prepaid card and wallet solution to drive the smart generation from cash to digital.

Detailed explanation-3: -FamPay collaborated with VISA and launched this numberless visa prepaid card with personalised doodles. This is also the first numberless card of Visa. The card has two designs: FamCard and FamCard Me.

Detailed explanation-4: -FamPay is a marketing and distribution partner of IDFC FIRST Bank Prepaid Card.

Detailed explanation-5: -ICICI Bank was the first to introduce a debit card in India.

There is 1 question to complete.