Explanation:

• The Mumbai-based private lender RBL bank has partnered with Mastercard to launch a mobile app called “Pay by Bank App “.
• The Pay by Bank App is a first-of-its-kind mobile-based customer-friendly payment solution, launched to suit the growing demand for digital, contactless payments to ensure social distancing norms amid the ongoing COVID-19 pandemic.
• Using the new payment solution, the RBL Bank customers will be able to make contactless transactions across the globe, both online and in-store, at all Mastercard accepting merchants across the world.