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RBL Bank partnered with Mastercard

Published on April 17, 2021
Current Context: The RBL Bank and Mastercard have entered into a partnership to launch first its kind payment solution through the Pay by bank app.
RBL Bank partnered with Mastercard
  • The solution is a mobile-based user-friendly payment solution.
  • Through Pay by Bank app payment solution, customers will be able to perform contactless transactions in a secure manner.
  • This payment solution will prove beneficial to the merchants, as this facility will be availed with any merchant who accepts Mastercard and the user thus can perform transactions in a contactless online manner worldwide.
  • The payment solution also has the feature of personalized transaction control which allows Bank’s customers to dictate how, where and when their payment credentials are used.
  • Static Part: 
    • HQ of RBL Bank: Mumbai
    • Tagline of RBL Bank: Apno Ka Bank
    • HQ of Mastercard: New York, USA


Q.1 Which entity partnered with Mastercard to launch first of its kind payment solution through the Pay by Bank app?
a. South Indian Bank
b. City Union Bank
c. RBL Bank
d. Karnataka Bank
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