Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1290)

2020-07-05 Banking

1290.

Which bank has collaborated with Innoviti Payment Solutions Pvt. Ltd. to provide EMI billing options on Debit Cards which are swiped on Innoviti Point of Sale terminals?

Kotak Mahindra Bank

ICICI Bank

Axis Bank

Canara Bank

Answer: Option

Explanation:

Kotak Mahindra Bank (Kotak) and Innoviti Payment Solutions Pvt. Ltd. announced that they have collaborated to provide Equated Monthly Installments(EMI) billing options on Kotak Debit Cards which are swiped on Innoviti Point of Sale(POS) terminals.