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Zaggle and NPCI Join Hands

Published on November 02, 2022
Current Context: The National Payment Corporation of India (NPCI) partnered with Zaggle to launch contactless Credit Cards on the RuPay network.
Zaggle and NPCI Join Hands
  • The primary objective of the partnership between the NPCI and Zaggle is to meet the ever-increasing demand amongst Small and Medium Enterprises (SMEs) along with corporates regarding credit cards.
  • In order to make business travel more convenient, the NPCI has made sure to make credit cards compatible with both international and domestic transactions.
  • The other features of credit cards include:
  1. Contactless transactions
  2. Free air miles
  3. Cashback points
  4. Incentives and discounts
  • Zaggle would be responsible for improving the users’ experience through:
  1. Digital onboarding
  2. Instant issuance
  3. Credit score
  4. Customized partner offerings
  • Zaggle is a Software as a Service (SaaS) Financial Technology (FinTech) company that was established in 2011 with its headquarters in Mumbai. The current CEO and MD of the company is Avinash Godkhindi.

Question:

Q.1 The NPCI recently partnered with FinTech company _______ to launch contactless Credit Cards on the RuPay network.
a. PayPal
b. Zaggle
c. RazorPay
d. Venmo
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