2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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HDFC
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IDFC
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IDBI
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SBI
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Detailed explanation-1: -IDFC FIRST Bank to launch SafePay - contactless card payments on phone.
Detailed explanation-2: -Industrial Credit and Investment Corporation of India (ICICI) Bank launched the country’s first-ever ‘contactless’ debit and credit cards. These cards will give the customers to make electronic payments by waving the cards near the merchant terminal instead of dipping or swiping.
Detailed explanation-3: -ICICI Bank was the first to introduce a debit card in India.
Detailed explanation-4: -The first bank cards were ATM cards issued by Barclays in London, in 1967, and by Chemical Bank in Long Island, New York, in 1969. In 1972, Lloyds Bank issued the first bank card to feature a personal identification number (PIN) for security along with the information-encoding magnetic strip.
Detailed explanation-5: -Airtel Payments Bank launches ‘Airtel Safe Pay’