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BillBox Launches Wearable Device for Contactless Payments

Published on November 24, 2022
Current Context: BillBox launched a wearable device for contactless payments, TapTap.
BillBox Launches Wearable Device for Contactless Payments
  • TapTap was launched by BillBox in collaboration with the National Securities Depository Limited (NSDL) Payments Bank and VISA.
  • It is a financial technology (FinTech) program manager to provide cost-effective, innovative, and secure digital banking solutions for prepaid and gift card programs.
  • The device will be available in multiple formats and would be connected through a mobile app to enable payments at POS machines.
  • According to BillBox, TapTap will be a boon for the population seeking superfast payment options beyond QR Codes and Plastic Money.
  • BillBox was established in 2006 with its headquarters in Mumbai. The current MD & CEO of the company is Viraj Majmudar.

Question:

Q.1 Recently, a wearable device for contactless payments, TapTap, was launched by?
a. Fiserv Inc.
b. PayU
c. BillBox
d. Stripe
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