Name the mobile payment service which has launched its mobile payment services under the Unified Payment Interface (UPI).
Venmo
Trupay
Square Wallet
Paypal
None of the above
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trupay has launched its mobile payment services under the Unified Payment Interface (UPI).
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Answer: The correct answer is Trupay.
Explanation:
Trupay is a UPI based digital payment application that facilitates customers to transact money( both pay and receive) without the requirement for any bank details such as account number or IFSC code.
The transaction can be carried out using a type of virtual address known as Virtual Payment Address( VPA). This is not a wallet based payment system and so transactions take place directly through a secure interface.
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