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Visa partners with DigitSecure and HDFC Bank

Published on November 05, 2020
Current Context: Visa has entered into a partnership with DigitSecure and HDFC Bank to deploy the world’s first live PCI certified tap to phone card acceptance solution.
Visa partners with DigitSecure and HDFC Bank
  • It is launched with an aim to have safe and contactless card-based payments within seconds through an app on NFC based android phones. This solution does not need any dedicated card acceptance machine to perform a transaction. 
  • Thus DigitSecure has become the first company in Asia-Pacific to receive PCI security certification for deploying this technology.
  • This solution has made India join the list of over 15 markets which provides Visa tap to phone technology for merchants to carry out contactless card payments. 
  • This solution is towards the achievement of Visa’s global commitment to digitize 50 million small businesses. 
  • Static Part: 
    • HQ of HDFC Bank: Mumbai
    • MD and CEO of HDFC Bank: Sashidhar Jagdishan

Question: 

Q.1 Who among the following partnered to deploy the world’s first live PCI certified tap to phone card acceptance solution?
a. Visa and HDFC Bank
b. MasterCard, DigitSecure and ICICI Bank
c. MasterCard, DigitSecure and ICICI Bank
d. Visa, DigitSecure and HDFC Bank
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