CURRENT AFFAIRS

2021

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

UNI-CARBON CARD is a co-branded credit card launched by Union Bank of India on the Rupay platform of NPCI in collaboration with which company?

A	ONGC
B	NTPC
C	HPCL
D	SAIL

Explanation:

Detailed explanation-1: -Mumbai, 29 August 2022: ICICI Bank today announced its partnership with National Payments Corporation of India (NPCI) to launch a range of credit cards on RuPay, the indigenous payments network.

Detailed explanation-2: -UNICARD is a loyalty card scheme run by Universal Card Corporation. It is the most popular loyalty card in Georgia. First UNICARD was issued in 2010; Collection of loyalty points was available in more than 100 partner companies combining more than 500 leading trading points.

Detailed explanation-3: -RuPay Credit cards can now be linked to a UPI ID thus directly enabling safe, and secure payment transactions.

Detailed explanation-4: -On 21 June 2013, NPCI launched RuPay PaySecure that enabled card holders make online payment. Till November 2020, over 1, 158 banks issued 603.6 million RuPay cards. PayPal supports the RuPay card system. Amazon accepts all RuPay debit cards, and some RuPay credit cards issued by select banks.

There is 1 question to complete.