- It is launched with an aim to provide Digital Financial inclusion in India.
- ‘DakPay’ is the complete solution for digital financial and assisted banking services being provided by IPPB.
- It supports every usage of the customer right from sending money (Domestic Money Transfers - DMT), Scanning of QR code and making payment for services/merchants (Virtual debit card and with UPI), enabling cashless ecosystem through biometrics, providing interoperable banking services to the customers of any bank (AePS) and Utility Bill Payment services.
- ‘DakPay’ was launched by Union Minister for Communications, Electronics & IT and Law & Justice, Ravi Shankar Prasad.
- Static Part:
- HQ of IPPB: New Delhi
- MD and CEO of IPPB: J Venkatramu
Question:
a. Ravi Shankar Prasad
b. Ajay Prakash Sawhney
c. Nirmala Sitharaman
d. Piyush Goyal
