CURRENT AFFAIRS

2020

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which bank partnered with Paytm to launch contactless credit card?

A	PNB
B	HDFC
C	SBI
D	SVC

Explanation:

Detailed explanation-1: -The new cards come in two variants, Paytm SBI Card and Paytm SBI Card SELECT. These cards, which have been launched on the Visa platform, include smart app features.

Detailed explanation-2: -Switch now at zero joining fees”. “Our partnership with One97 Communication Ltd. (Paytm) for the co-brand Citi Paytm Credit Card has come to an end.

Detailed explanation-3: -SBI Cards and Payment Services has tied up with Paytm for card tokenisation to protect the data of the cardholders. SBI Card has collaborated with Paytm to enable cardholders to tokenise their cards on devices and make payments through Paytm.

Detailed explanation-4: -SBI Cards and Payment Services on Thursday announced that it has partnered with Punjab & Sind Bank to launch co-brand credit cards for the bank’s customers. The company said that the collaboration also marks the introduction of ‘credit cards’ as a new product segment under the bank’s portfolio.

There is 1 question to complete.