Question
Which online payments solution company has partnered
with NPCI to offer the 'Credit Lines on UPI' feature?Solution
• Online payments solution company PayU announced the acceptance of ‘Credit Lines on UPI’ feature on its platform, in collaboration with the National Payments Corporation of India (NPCI). • The integration enables PayU’s merchants to accept digital payments via credit line. • The enablement of pre-sanctioned credit lines by banks through UPI will empower businesses and consumers alike, fostering India’s financial inclusion agenda • In August last year, PayU had reached an agreement with Rapyd, a fintech-as-a-service provider, to sell its Global Payments Organisation (GPO) for a total cash consideration of $610 million to enable PayU to focus on the large payments and fintech opportunity in India. Learn Along: About NPCI • National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India, is an initiative of Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India. • Non Executive Chairman and Independent Director: Mr. Ajay Kumar Choudhary
In the case of reflection of the light from a convex mirror, when a parallel beam of light is incident on the reflecting surface, reflected light ________.
What is the provision for lay-offs, retrenchment, and closure without government permission in the new industrial relation code?
Which one of the following statements best describes the role of B cells and T cells in the human body?
Which one of the following comes under the 'State List' under the Seventh Schedule of the Constitution of India?
A wire of a given material has length ‘I’ and resistance ‘R’. Another wire of the same material having three times the length and twice the area...
After the withdrawal of the Non Cooperation Movement Gandhi Ji indulged in ______________ .
Which of the following statements is / are correct?
1. Viruses lack enzymes necessary for the generation of energy.
2. Viruses can be cu...
Under the Trade Union Act, 1926, what is the minimum number of members required to form a trade union?
India Bio-Economy Report, 2024, was recently released by which of the following?
What is the principle of contribution in insurance?