Which of the following Indian banks launched contactless wearable payment devices called 39 Wear N P...........

General Studies (CGL) Indian Economy

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

This questions was previously asked in

SSC CGL 20th August 2021 Shift-2

HDFC Bank

Axis Bank

Indus Ind Bank

ICICI Bank

- Option 1: HDFC Bank

- HDFC Bank is a leading private-sector bank in India.

- It offers a wide range of financial services but did not launch 'Wear N Pay' in March 2021.

- Option 2: Axis Bank

- Axis Bank is another top private-sector bank in India.

- It launched contactless wearable payment devices named 'Wear N Pay' in March 2021.

- These devices make transactions more convenient and secure.

- Option 3: IndusInd Bank

- IndusInd Bank also provides multiple financial products.

- However, this bank was not the one to introduce 'Wear N Pay' devices in 2021.

- Option 4: ICICI Bank

- A major Indian bank known for several innovative products.

- ICICI Bank was not related to the launch of 'Wear N Pay' in March 2021.

Correct Answer:

Option 2: Axis Bank

Submit Error