Question
Which bank has partnered with ZestMoney, to expand its
‘Cardless EMI’ facility for purchases on retail and e-commerce platforms?Solution
India's ICICI Bank announced that it has partnered with ZestMoney, a digital equated money instalments (EMI)/pay later platform, to expand its “cardless EMI” facility for purchases offline and online. Customers can convert transactions up to ₹10 lakh into EMIs by entering their registered mobile number, PAN and OTP (received on registered mobile number) at the check-out of the e-commerce website/app or at the PoS machine in retail outlets, without using cards.
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