Partnership for launching of ‘RuPay SoftPoS’ solution

Partnership for launching of ‘RuPay SoftPoS’ solution

Question : Which authorities come together to launch ‘RuPay SoftPoS’ solution ?
(a) NPCI & SBI Payments
(b) BBPS(Bharat Bill Payment System) & BoB
(c) Welspun Investments and Commercials & PNB
(d) None of the above
Ans.(a)
Related facts

  • NPCI has recently(March 2021) tied-up with SBI Payments to launch ‘RuPay SoftPoS’ solution.
  • RuPay SoftPoS aims at digitally enabling the merchants to turn their smartphones into a PoS machine.
  • This innovative and convenient solution will create a low cost, easy to use, acceptance infrastructure for the merchants.
  • The RuPay SoftPos will empower customers to make seamless ‘Tap and Go’ payments using the merchant’s NFC enabled smart phones.

By — Pankaj Pandey.

Link:
https://www.npci.org.in/PDF/npci/press-releases/2021/NPCI-Press-Release-NPCI-partners-with-SBI-to-launch-RuPay-SoftPoS-Solution.pdf