Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 97)
97.
Which bank has partnered with Setu, owned by Pine Labs, to launch the UPISetu platform?
ICICI Bank
HDFC Bank
Axis Bank
IDFC FIRST Bank
Answer: Option
Explanation:
Setu, owned by Pine Labs, has launched the UPISetu platform in collaboration with Axis Bank. UPISetu is designed to enhance the UPI payment ecosystem, offering a range of services such as QR code payments, Autopay, EMI options, and Third-Party Validation. The partnership with Axis Bank underscores the bank's commitment to advancing digital payment solutions and supporting the digitization efforts of businesses in India.
Discussion:
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