Multiple Choice Questions on Which company announced to shut domestic payments service in India from April 1 ........ for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

Which company announced to shut domestic payments service in India from April 1 ........

Current GK ( Master) Banking Awareness
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    Which company announced to shut domestic payments service in India from April 1 ?

    Phone Pe

    Incorrect Answer

    G- Pay

    Incorrect Answer

    Paypal

    Correct Answer

    FreeCharge

    Incorrect Answer
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    Explanation:
    • The California-based global digital payment platform PayPal has announced that the company has decided to wind down its domestic payment services in India with effect from April 01, 2021.
    • The decision has been taken because the company wants to shift its focus on cross-border payments business.
    • However, the global customer will be able to pay Indian merchants using Paypal.

    By: Rohit Middha
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