Ezetap partnered with Axis Bank

Published on October 13, 2021
Current Context: The Ezetap has entered into a partnership with Axis Bank.
Ezetap partnered with Axis Bank
  • They have partnered to provide a new service app named ‘My Vyappar’.
  • The app will serve the retail segment in India.
  • It will motivate the merchants to avail digital payment services.
  • The app will also motivate the merchants by providing them rewards upon attaining certain digital payment goals.
  • Under the partnership, Axis Bank will provide a digital payment management function to the merchants.
  • Around 50,000 PoS devices are deployed with ‘My Vyappar’ in more than 1600 Indian cities.
  • The app provides retail businesses with a single view to perform all credit transactions from anywhere.
  • It also offers to Buy Now Pay Later option to the user.
  • EMI feature is also available for a ticket size as small as even Rs 3000.
  • Static Part: 
    • HQ of Axis Bank: Mumbai
    • CEO of Axis Bank: Amitabh Chaudhry

Question: 

Q.1 With which bank has Ezetap partnered to provide a new service app named ‘My Vyappar’ to serve the retail sector?
a. Axis Bank
b. HDFC Bank
c. ICICI Bank
d. Kotak Mahindra Bank

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