Question

One Nation Corporate Card has been launched with the ability to function as a National Transit Card, enabling cardholders to travel throughout India on any public transport that accepts bank-issued cards by PayCraft & NPCI. Which payments bank has also collaborated in this development?

A Paytm Payments Bank Correct Answer Incorrect Answer
B NSDL Payments Bank Correct Answer Incorrect Answer
C Fino Payments Bank Correct Answer Incorrect Answer
D Airtel Payments Bank Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

PayCraft, a Mumbai-based fintech entity specializing in online and offline payments processing, has launched the One Nation Corporate Card in partnership with NSDL Payments Bank and the National Payments Corporation of India (NPCI). The USP of the One Nation Corporate Card is its ability to function as a National Transit Card, enabling cardholders to travel throughout India on any public transport that accepts bank-issued cards. Built on National Common Mobility Card (NCMC) specifications with offline enabled, these cards will advance the Government of India’s vision of One Nation One Card. It also offers a valuable solution for digitizing business expenses for corporates and SMEs across the country.

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