2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which bank has launched the country’s first pocket-sized swipe machine for accepting digital payments called “MicroPay”?
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UCO Bank
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Axis Bank
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HDFC Bank
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SBI
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Explanation:
Detailed explanation-1: -Axis Bank launches ‘MicroPay’, India’s first pocket-sized swipe machine, based on Pin on Mobile technology; 30% cost effective than traditional PoS devices.
Detailed explanation-2: -Axis Bank has introduced a groundbreaking payment solution called “MicroPay” in collaboration with technical partners Ezetap by Razorpay and MyPinpad. What is MicroPay?
Detailed explanation-3: -The Payment Acceptance Solutions offered by Axis Bank include Point of Sale (PoS) Terminals, QR based acceptance as well as online payment options.
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