Current Affairs - Business - Discussion

Discussion :: Business - Latest Current Affairs (Q.No.26)

26. 

Which company has partnered with PayU to offer cardless EMI (equated monthly installment) payment option to consumers?

[A]. Loantap
[B]. Moneytap
[C]. CoinTribe
[D]. ZestMoney

Answer: Option D

Explanation:

Consumer lending platform, ZestMoney has partnered with PayU, a fintech firm that provides payment technology to online merchants to offer cardless EMI (equated monthly installment) payment option to consumers. With this partnership, more than 2,500 merchants that are equipped with PayU, Billdesk, Cashfree, and Razorpay can start accepting ZestMoney (which has over 3,500 unique data points (2,500 data points for new to credit) to ease risk decisioning) as a payment solution quickly.

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