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Mswipe has partnered with which company to digitise merchant acquisition which enables a shopkeeper anywhere in India to acquire a card swipe machine? 
  • a)
    MaestroCard
  • b)
    MasterCard
  • c)
    Rupay
  • d)
    VisaCard
  • e)
    PayTm
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Mswipe has partnered with which company to digitise merchant acquisiti...
Answer – 2. MasterCard
Explanation

Mswipe, a domestic maker of Point of Sale (PoS) terminals, has partnered MasterCard to digitise merchant acquisition and can now enable a shopkeeper anywhere in India to acquire a card swipe machine. At present, merchants need to sign physical agreements and, in some cases, open new current accounts to become part of a credit card network. This solution to digitally validate and authenticate KYC documents has been developed by Bengaluru-based startup Signzy.
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Mswipe has partnered with which company to digitise merchant acquisition which enables a shopkeeper anywhere in India to acquire a card swipe machine?a)MaestroCardb)MasterCardc)Rupayd)VisaCarde)PayTmCorrect answer is option 'B'. Can you explain this answer?
Question Description
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