Question : RBL Bank and Visa has recently partnered for launching of VISA DIRECT.It is an —
(a) instant payout service for fintechs
(b) instant payout service for automobile startups
(c) instant payout service for housing developers
(d) none of the above
Answer (a)
Related facts
- RBL Bank and Visa has recently(October 2020) partnered for launching of VISA DIRECT.
- It is an instant payout service for fintechs.
- Under this partnership, RBL Bank will offer fintechs an enhanced value proposition on various domestic transactions and benefit programmes such as refunds, card bill payments, cashbacks and disbursements.
By — Pankaj Pandey.