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Which of the following plans to introduce mPoS across India?
- a)Aditya Birla
- b)Paytm
- c)Aditya Birla Nuvo
- d)Fino Payments Bank
Correct answer is option 'D'. Can you explain this answer?
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Which of the following plans to introduce mPoS across India?a)Aditya B...
Fino Payments Bank plans to deploy multi-utility Android-based mPOS devices across 10,000 banking points in the country in a phased manner. This single device will gradually replace the combination of devices currently used to facilitate finger print authentication and digital transactions.
The key feature of the new Android-based mPOS is that it is a single device with in-built finger print scanner, card reader, camera, printer and tablet, in a portable form factor. This would eliminate the inconvenience of carrying multiple devices by Fino representatives and thereby improve the efficiency of services to customers.
"In the next 12 months, we would deploy these devices at 10000 of our retail as well as corporate banking points, including branches, BPCL outlets, franchisee points and partner bank's BC channel. We have already deployed around 2000 devices to enhance doorstep and neighbourhood banking services in urban as well as rural areas for the convenience of our customers," said Ashish Ahuja, Executive Vice President and Head- Products, Fino Payments Bank.
With the mPOS devices, Fino executives will be able to provide all the banking services, be it account opening, deposit, withdrawal, money transfer, product sales (insurance, gold loan leads, BC lending services) and Aadhaar-enabled payment systems (AEPS), to customers right at their doorstep.
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Which of the following plans to introduce mPoS across India?a)Aditya B...
Fino Payments Bank is planning to deploy multi-utility Android-based mPOS devices across 10000 banking points across India in a phased manner. In context of this news, abbreviation mPOS stands for mobile Point Of Sale. Android-based mPOS is a handheld device with in-built finger print scanner, card reader, camera, printer and tablet. It thus eliminates the need for multiple devices that are currently used to facilitate finger print authentication and digital transactions. Through mPOS devices, Fino representatives will be able to provide all banking services viz, account opening, deposit, withdrawal, money transfer, insurance sales and Aadhaar-enabled payment systems (AEPS) to customers at their doorstep.
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Which of the following plans to introduce mPoS across India?a)Aditya Birlab)Paytmc)Aditya Birla Nuvod)Fino Payments BankCorrect answer is option 'D'. Can you explain this answer?
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Which of the following plans to introduce mPoS across India?a)Aditya Birlab)Paytmc)Aditya Birla Nuvod)Fino Payments BankCorrect answer is option 'D'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Which of the following plans to introduce mPoS across India?a)Aditya Birlab)Paytmc)Aditya Birla Nuvod)Fino Payments BankCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following plans to introduce mPoS across India?a)Aditya Birlab)Paytmc)Aditya Birla Nuvod)Fino Payments BankCorrect answer is option 'D'. Can you explain this answer?.
Which of the following plans to introduce mPoS across India?a)Aditya Birlab)Paytmc)Aditya Birla Nuvod)Fino Payments BankCorrect answer is option 'D'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Which of the following plans to introduce mPoS across India?a)Aditya Birlab)Paytmc)Aditya Birla Nuvod)Fino Payments BankCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following plans to introduce mPoS across India?a)Aditya Birlab)Paytmc)Aditya Birla Nuvod)Fino Payments BankCorrect answer is option 'D'. Can you explain this answer?.
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