Current Affairs - State - Discussion

Discussion :: State - Latest Current Affairs (Q.No.364)

364. 

Which Payment System tied up with Federal Bank Limited, to provide the customers a cost-effective way to receive deposits directly in their bank accounts in India?

[A]. MoneyGram Payment System
[B]. Payu Payment System
[C]. Raorpay Payment System
[D]. Paypal Payment System

Answer: Option A

Explanation:

MoneyGram Payment System, a subsidiary of MoneyGram International, global leader in P2P payments tied up with Federal Bank Limited, a private bank in India to provide the customers a cost-effective way to receive deposits directly in their bank accounts in India.

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