Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 153)
153.
Which bank launched the 'Flash Pay' RuPay smart key chain in partnership with NPCI for contactless payments?
Federal Bank
IDFC FIRST Bank
ICICI Bank
South Indian Bank
Answer: Option
Explanation:
Federal Bank collaborated with NPCI to introduce 'Flash Pay,' a RuPay smart key chain for contactless payments with a transaction limit of ₹5,000 without a PIN and a daily cap of ₹1 lakh at PoS terminals, ensuring convenient and secure transactions for users.
Discussion:
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