Question

    Cashfree Payments, in collaboration with the National

    Payments Corporation of India (NPCI), has launched an initiative. What is the name of this initiative that primarily involves facilitating automatic payments through QR codes?
    A PayEase Correct Answer Incorrect Answer
    B ScanPay Correct Answer Incorrect Answer
    C AutoQR Correct Answer Incorrect Answer
    D CashQR Correct Answer Incorrect Answer
    E QRPay Correct Answer Incorrect Answer

    Solution

    Cashfree Payments, has launched ‘AutoPay on QR’ in collaboration with the National Payments Corporation of India (NPCI). The feature enables customer onboarding through a two-step workflow of scanning a QR code and approving an e-mandate via Unified Payments Interface (UPI) apps within 30 seconds.

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