Question – Which bank has recently launched ‘Namma Chennai Smart Card’ in partnership with Greater Chennai Corporation and Chennai Smart City Limited?
(a) HDFC Bank
(b) ICICI Bank
(c) Axis Bank
(d) Union Bank of India
Answer – (b)
Related facts
- ICICI bank has recently launched ‘Namma Chennai Smart Card’ in partnership with Greater Chennai Corporation and Chennai Smart City Limited.
Characteristics
- ‘Namma Chennai Smart Card’ is a Common Payment Card System (CPCS).
- This card is used to provide citizens a one-stop solution for making various kind of payments within the city and beyond.
- It is a Rupay powered co-branded, contactless prepaid card, will facilitate various digital payments like tax and utility bill payments at the GCC centres.
- Additionally, the prepaid card facilitates retail payments within Chennai as well as in retail stores and e-commerce websites across the country.
Significance
- This new initiative will make Chennai a part of the list of international cities that offer a Common Payment Card platform to its residents for making seamless payments for an array of services within the city.
By — Pankaj Pandey.
Link:
https://www.icicibank.com
https://www.icicibank.com/managed-assets/docs/about-us/2021/chennai-corporation-city-limited-launch-namma-chennai-smart-card.pdf