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SSC CGL 2021 PYQ — Question 46

SSC CGL - 20 Aug 2021 - Shift 2 • General Awareness • Q46

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Which of the following Indian banks launched contactless wearable payment devices called 'Wear N Pay' in March 2021?

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Correct answer: B

Explanation

The correct answer is option 2 i.e. Axis Bank.

Under the name Wear 'N' Pay, Axis Bank has introduced a selection of wearable contactless payment devices.

  • These items come in a variety of wearable configurations, such as a band, key chain, and watch loop.
  • The wearables work like a standard debit card and are immediately connected to an Axis Bank customer's bank account.
  • It permits purchases at any retailer's store that recognises contactless payments.