Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 19)
19.
Which bank partnered with Scapia to launch a dual-network RuPay-Visa credit card?
Answer: Option
Explanation:
Scapia, a travel-focused fintech company based in Bengaluru, teamed up with Federal Bank to launch the Scapia Federal RuPay Credit Card. This innovative card combines the domestic UPI-enabled RuPay network with the globally accepted Visa network, offering users a seamless credit experience. Targeted at mobile-first travellers, it includes benefits like zero forex markup, integrated UPI-credit functionality, a unified credit statement, and generous reward programs in the form of Scapia Coins. The card also offers airport perks such as complimentary lounge access, making it a unique solution for modern financial and travel needs across India and internationally.
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