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Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 262)
2023-08-04 Banking
262.
What is the primary objective of the partnership between Axis Bank and Kiwi in offering lifetime free Axis Bank KWIK virtual credit cards through the Kiwi app?
To provide customers with traditional credit card rewards and benefits.
To promote cash payments and discourage digital transactions.
To offer virtual credit cards exclusively to Axis Bank customers.
To combine UPI's convenience with credit card rewards and benefits.
Answer: Option
Explanation:
The partnership aims to provide customers with the convenience of UPI's fast and secure payments while enjoying the benefits of credit and card rewards, merging UPI's convenience with credit card features.
Discussion:
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