New 👉 Ask your RBI Grade B 2025 Preparation Queries Here!!

    Question

    Zaakpay has received in-principle authorisation from the

    Reserve Bank of India (RBI) to operate as a payment aggregator that  will allow Zaakpay to onboard new merchants onto its platform, facilitating quick and easy processing of online payments. Zaakpay is the aram of which payment gateway?
    A Paytm Correct Answer Incorrect Answer
    B Mobikwik Correct Answer Incorrect Answer
    C Razorpay Correct Answer Incorrect Answer
    D PayPal Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Zaakpay, the secure payment gateway arm of MobiKwik, has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a payment aggregator.  This authorisation will allow Zaakpay to onboard new merchants onto its platform, facilitating quick and easy processing of online payments.

    Practice Next