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Whom has Razorpay partnered with to process payments for online Aadhaar services?
  • a)
    Reserve Bank of India
  • b)
    Unique Identification Authority of India
  • c)
    National Payments Corporation of India
  • d)
    State Bank of India
  • e)
    State Bank of India
Correct answer is option 'B'. Can you explain this answer?
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Whom has Razorpay partnered with to process payments for online Aadha...
Razorpay has entered into a partnership with UIDAI (Unique Identification Authority of India) to process payments for online Aadhaar services. The UIDAI allows Aadhaar holders to update their Aadhaar data — like names, and addresses — online and charges a fee of Rs.50 for these services. It is these transactions that Razorpay will support with its payment gateway. It is estimated that Razorpay will eventually support over 70% of the total daily transactions on the UIDAI portal.
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Whom has Razorpay partnered with to process payments for online Aadhaar services?a)Reserve Bank of Indiab)Unique Identification Authority of Indiac)National Payments Corporation of Indiad)State Bank of Indiae)State Bank of IndiaCorrect answer is option 'B'. Can you explain this answer?
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