- 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:
- Contactless transactions
- Free air miles
- Cashback points
- Incentives and discounts
- Zaggle would be responsible for improving the users’ experience through:
- Digital onboarding
- Instant issuance
- Credit score
- 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
