Federal Bank ties up with Reliance Jio Money

Federal Bank has signed an agreement with Reliance Jio Money for one-click payment service. Reliance Jio money is a wallet application that will be launched soon for mobile devices where Federal bank will enable a direct payment option for its customers.

Through this service the bank’s customers can complete a transaction without funding the wallet. Bank’s customers will get a facility to directly pay from their account for the services offered through the wallet (without pre-loading their wallet). This arrangement will help customers retain cash in their account and use it only when a transaction is made unlike other instances where a wallet will require the user to maintain balance exclusively in the wallet. Once launched the bank’s customers.

So let’s do:
1. Name the bank, which has tied up with Reliance Jio Money for one-click payment service?

Source – Economic times


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