Services offered by payment banks - General Economics & Indian Economy
Q. Which of the following statements is/are correct about payment banks?
1. They can provide forex cards to travellers, usable again as a debit or ATM card all over India.
2. They can offer forex services at charges higher than banks.- Published on 01 Aug 15
a. Only 1
b. Only 2
ANSWER: Only 1
Payment banks can offer forex services at charges lower than banks.