2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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HDFC
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SBI
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PNB
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RBI
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Detailed explanation-1: -Detailed Solution. The correct answer is State Bank of India. Titan watch company along with India’s largest commercial bank State Bank of India launched a contactless payment watch “Titan Pay” powered by YONO SBI.
Detailed explanation-2: -ICICI Bank launched the country’s first contactless mobile payment solution to enable its credit and debit customers to make in-store contactless payments by just waving their smartphones near an NFC-enabled merchant terminal.
Detailed explanation-3: -The uniquely designed Titan Pay watch carries a secure and certified payment chip in its leather strap, so that you can make zero-contact payments easily.
Detailed explanation-4: -Titan Pay watch can be used for transacting at Point of Sale (POS) terminals at merchants’ across the country that are NFC enabled. To make a payment, tap the 12 o’clock side of the watch strap on the POS terminal after the merchant has entered the amount.