Paytm Payments Bank Limited has announced that it is an official acquiring partner for ‘e-RUPI vouchers’. e-RUPI, which is a government initiative, is a cashless prepaid voucher that beneficiaries can present via SMS or QR Code. Paytm’s merchant partners can then scan, enter the amount to be paid and receive the payment directly in their bank account. This will benefit beneficiaries (users), even those who do not have access to formal banking services or smartphones to avail the convenience of digital payments.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Benefits:
Important takeaways for all competitive exams:
Lithium, a crucial component in the production of batteries for electric vehicles, electronics, and energy…
India Ratings and Research have revised upward their GDP growth estimate for FY25 to 7.1%,…
The Spanish football giants, Real Madrid, have etched another remarkable achievement in their illustrious history…
Indian-origin astronaut Sunita Williams, alongside colleague Butch Wilmore, is embarking on her third space mission…
West Bengal, a state rich in history and cultural heritage, has seen a succession of…
In a significant political development, José Raúl Mulino has emerged victorious in Panama's presidential election,…