Discussion
India’s first contact less mobile payment solution has launched by - ____
Answer: A
The country’s first contact less mobile payment solution to enable its credit and debit customers make in-store contact less payments by just waving their smartphones near an NFC-enabled merchant terminal. The mobile payment solution available in the Bank’s ‘Pockets’ app, provides improved convenience of ‘Touch & Pay’ as customers are no longer required to carry physical card or cash to pay in stores. ICICI Bank is the first financial institution in the country to leverage the Host Card Emulation (HCE) technology to bring forth this solution.
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