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‘Swiggy Money’—By Swiggy and ICICI Bank

Published on July 01, 2020
Current Context: Food Tech giant Swiggy has partnered with private bank ICICI Bank to launch its own digital wallet called as ‘Swiggy Money’.
‘Swiggy Money’—By Swiggy and ICICI Bank
  • ‘Swiggy Money’ will enable single-click checkout experience to the users.
  • ‘Swiggy Money’ is powered by ICICI Bank’s ‘insta wallet service’ which is built on the cloud platform along with API integration.
  • With the help of this, Swiggy customer will be able to use the wallet if the customer is an ICICI Bank account holder.
  • However, a non-ICICI Bank account holder can also use this facility after providing of government ID to ICICI Bank.
  • The facilities like a discount, instant withdrawals, top-up the wallet with other banks and split pay option are made available on this ‘Swiggy Money’.
  • Static Part:
    • Part: HQ of ICICI Bank: Mumbai
    • MD and CEO of ICICI Bank: Sandeep Bakshi
    • HQ of Swiggy: Bengaluru
    • CEO of Swiggy: Sriharsha Majesty

Question: 

Q.1 With which bank Swiggy has partnered to launch ‘Swiggy Money’?
a. ICICI Bank
b. HDFC Bank
c. Axis Bank
d. Yes Bank

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