2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Dena Bank
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HDFC Bank
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ICICI Bank
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YES Bank
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Detailed explanation-1: -PhonePe users, who may be customers of any bank, will have a fully digitised experience as they don’t have to visit physical stores or toll locations to buy a FASTag. ICICI Bank is the first bank to partner with PhonePe for the issuance of FASTag.
Detailed explanation-2: -ICICI Bank partners with Amazon Pay to issue FASTag: How to buy and recharge using the card. online, rather than visiting toll plazas.
Detailed explanation-3: -This partnership will enable Google Pay users to order, track and recharge ICICI Bank FASTag conveniently using the company’s digital payments platform. With this, ICICI Bank became the first bank to collaborate with Google Pay for issuance of FASTag.
Detailed explanation-4: -PhonePe launches UPI handle in partnership with ICICI Bank.