CURRENT AFFAIRS

Detailed explanation-1: -announced that it will shut down its payment operations in the country. PayPal, which was offering its payment gateway to Indian brands and online merchants, will shut down its domestic payment services in India, from April 1.

Detailed explanation-2: -By India Today Web Desk: Prime Minister Narendra Modi launched the digital payment solution e-RUPI on August 2, 2021. e-RUPI is a cashless and contactless instrument for digital payment that will play a significant role in making direct benefit transfer(DBT) more effective.

Detailed explanation-3: -“From 1 April 2021, we will focus all our attention on enabling more international sales for Indian businesses, and shift focus away from our domestic products in India. This means we will no longer offer domestic payment services within India from 1 April, ” said a company spokesperson.

Detailed explanation-4: -The correct answer is WhatsApp. WhatsApp has rolled out a pilot program across 500 villages across Karnataka and Maharashtra. It is aimed at empowering villagers with access to digital payments through ‘payments on WhatsApp’.