Question

    Which bank has launched 'MicroPay', first pocket-sized

    swipe machine of India, based on 'Pin on Mobile' technology for accepting digital payments along with Ezetap by Razorpay and MyPinpad as the technical solution partners?
    A ICICI Bank Correct Answer Incorrect Answer
    B HDFC Bank Correct Answer Incorrect Answer
    C Axis Bank Correct Answer Incorrect Answer
    D IDFC First Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Axis Bank has launched 'MicroPay', first pocket-sized swipe machine of India, based on 'Pin on Mobile' technology for accepting digital payments. The bank launched 'MicroPay' along with Ezetap by Razorpay and MyPinpad as the technical solution partners.The newly launched technology converts a merchant’s smartphone into a Point-of- Sale (POS) terminal to simplify digital payments.  It offers them a cost-effective means to accept payments through card, UPI, BQR-code etc., while maintaining the highest security standards.

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