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FamPay Partnered with Visa

Published on July 30, 2021
Current Context: The FamPay has entered into a partnership with Visa to launch India’s first Visa Prepaid Card for teenagers with personalized doodles on it.
FamPay Partnered with Visa
  • The card is 1st numberless card by Visa.
  • It will be available in 2 design formats of ‘FamCard’ and ‘FamCard Me’.
  • The card will allow teenagers to perform Near-field Communication (NFC) based contact payment transactions through the Visa network in India.
  • The card is available in a personalized format and hence teenage users can select it from 200+ doodles and signature fonts in order to have a unique design approach on their card.
  • Also, teens can make online and offline payments using the FamCard and the FamPay App.
  • The card is associated with features like 4x rewards on every spend, complimentary subscriptions of teen popular brands, and exclusive Visa-specific offers.
  • Static Part: 
    • HQ of FamPay: Bengaluru
    • HQ of Visa: California, US

Question: 

Ques: 1: Which company launched India’s first Visa Prepaid Card for teenagers with personalized doodles on it in partnership with Visa?
a. Walmart MoneyCar
b. FamPay
c. FamZoo 
d. Capital One
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