Current Affairs - Technology - Discussion

Discussion Forum : Technology - Latest Current Affairs (Q.No. 838)
838.
Which social media planned to launche the inter-bank money transfer service in India?
Twitter
Facebook
Whatsapp
Instagram
Answer: Option
Explanation:
WhatsApp will launch a "full feature" inter-bank money transfer service in India, its biggest market, after a test involving a million users. This uses customers' phone numbers linked to bank accounts to facilitate payments. 4 banks will join United Payments Interface which powers the payments service for WhatsApp. At present ICICI Bank processes the fund transfers on WhatsApp.
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