ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    Whom has Razorpay partnered with to process payments for

    online Aadhaar services?
    A Reserve Bank of India Correct Answer Incorrect Answer
    B Unique Identification Authority of India Correct Answer Incorrect Answer
    C National Payments Corporation of India Correct Answer Incorrect Answer
    D State Bank of India Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ┬а┬а Razorpay has entered into a partnership with UIDAI (Unique Identification Authority of India) to process payments for online Aadhaar services. The UIDAI allows Aadhaar holders to update their Aadhaar data тАФ like names, and addresses тАФ online and charges a fee of Rs.50 for these services. It is these transactions that Razorpay will support with its payment gateway. ┬а It is estimated that Razorpay will eventually support over 70% of the total daily transactions on the UIDAI portal.

    Practice Next
    More Beepedia Questions

    Relevant for Exams:

    ask-question