New Register here for RBI, SEBI & NABARD strategy workshop! April 9 at 7 PM

    Question

    ________ has become India’s first payment gateway to

    process the Reserve Bank of India’s Central Bank Digital Currency (CBDC)    for online retail merchants.
    A Instamojo Correct Answer Incorrect Answer
    B Razorpay Correct Answer Incorrect Answer
    C PayPal India Correct Answer Incorrect Answer
    D CCAvenue Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Digital payments and software company Infibeam Avenues’ payment gateway brand CCAvenue has become India’s first payment gateway to process the Reserve Bank of India’s (RBI) Central Bank Digital Currency (CBDC) or digital rupee transactions for online retail merchants.

    Practice Next

    Relevant for Exams: