Karnataka Bank has come up with a mobile application named KBL-SMARTz built on the unified payments interface (UPI) platform of the National Payments Corporation of India (NPCI). The App was launched by the Managing Director (MD) and Chief Executive Officer (CEO) P Jayarama Bhat, Karnataka Bank.
UPI is a new initiative from NPCI in the digital payments ecosystem. The interface is designed to enable customers across UPI member banks to pay and collect money from their smartphones without entering any bank account information.
So let’s do:
1. Name the UPI app, which has been launched by Karnataka Bank?
Source – The Hindu