2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ICICI
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SBI Payments
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LIC
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Axis
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Detailed explanation-1: -SBI Payments and NPCI have entered into partnership to launch RuPay SoftPoS solutions.
Detailed explanation-2: -In India, the National Payments Corporation of India (NPCI) had last year tied up with SBI Payments and also Turkey’s global payment solutions company – PayCore for the launch of RuPay SoftPoS for millions of Indian merchants to accept contactless payments up to Rs 5, 000 on their smartphones.
Detailed explanation-3: -Pragnyat Lalwani, Director, Seshaasai said, “We are honored to be the Technology Solution Partner for this initiative by NPCI & YES BANK.
Detailed explanation-4: -National Payments Corporation of India (NPCI) on Friday partnered with SBI Payments to announce the launch of ‘RuPay SoftPoS’ for millions of Indian merchants.
Detailed explanation-5: -RuPay On-the-Go is an interoperable, open-loop solution that customers can use at RuPay contactless-enabled PoS at retail outlets and pay up to Rs 5, 000 without the need to input the PIN. For payments above Rs 5, 000, customers need to tap, followed by their PIN.