CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company has launched its maiden product offering OmniCard that aims to step up their lives by making them independent
A
Eroute Technologies
B
Finoit Technologies
C
Agnitio Technologies
D
Liberin Technologies
Explanation: 

Detailed explanation-1: -Sanjeev Pandey, OmniCard Co-Founder and CEO said that they provide an alternative platform for users to keep their bank account safe where savings are stored from cyber frauds using digital wallets linked with Rupay Card and UPI.

Detailed explanation-2: -OmniCard is India’s First Payment APP with a Card - It comes with a multi-benefit prepaid card with an innovative mobile APP. It offers multiple payment modes, complete card controls, robust security guidelines and many more exciting features.

Detailed explanation-3: -OmniCard has announced that it became the 1st RBI licensed PPI (prepaid payment instrument) to launch cash withdrawal using a RuPay-powered card from any ATMs across the country. The move came in after RBI permitted the non-bank licensed entities to enable cash withdrawals from the digital wallets.

Detailed explanation-4: -Where is OmniCard’s headquarters? OmniCard’s headquarters is located at 495 Mansfield Ave., Pittsburgh.

There is 1 question to complete.