ICICI launches mVisa mobile payment solution based service
Q. Top private sector lender has launched which mobile payment solution based service?- Published on 09 Oct 15a. mSeva
b. mVisa
c. mTech
d. None of the above
ANSWER: mVisa
Private sector lender ICICI bank has launched mobile payment solution services based on mVisa which will allow customers to make payments for services via smartphones. Service can be used by those customers who have app of bank’s mobile wallet Pockets. It works through scanning of QR codes. The bank is the first to launch mobile app based mVisa solution for consumers and merchants. mVisa is a mobile payment solution from Visa. Service will help overcome problems of low availability of PoS machines with only 1.1 million machines for 570 million debit cards.
