GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
India’s first indigenous payment gateway is ____?
A
India Pay
B
India Challan
C
India Payment
D
India Expenditure
Explanation: 

Detailed explanation-1: -RuPay is the first-of-its-kind global Card payment network of India, with wide acceptance at ATMs, POS devices and e-commerce websites across India. It is a highly secure network that protects against anti-phishing.

Detailed explanation-2: -The payment gateway is designed in such a way that customers of all kinds can easily understand how to make a payment. Paytm Payment Gateway is the only payment gateway in India that allows acceptance of UPI payments at 0% transaction fees.

Detailed explanation-3: -India’s leading fintech, MobiKwik has become the first fintech apps to support RuPay Credit Cards on UPI. The development brings a new level of convenience to the millions of Indians who use UPI.

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