Which company has introduced a new initiative that

Solution

Visa, has introduced a new initiative that enables consumers to invest in mutual funds using their Visa debit cards.    Launched in partnership with Razorpay, the service is now available to customers of Federal Bank and ICICI Bank.    By using their Visa debit card for investing in mutual funds, consumers can now set and modify their own transaction limits. Also, customers can see all their SIPs linked to their debit card alongside other recurring payments, by logging into their bank’s subscription management portals.