- 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:
a. Visa and HDFC Bank
b. MasterCard, DigitSecure and ICICI Bank
c. MasterCard, DigitSecure and ICICI Bank
d. Visa, DigitSecure and HDFC Bank
