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    Axis Bank has launched the country's first pocket-sized swipe machine for accepting digital payments called ____________.
    Question

    Axis Bank has launched the country's first pocket-sized swipe machine for accepting digital payments called ____________.

    A.

    Master Pay

    B.

    Micro Pay

    C.

    Mini pay

    D.

    Macro Pay

    Correct option is B

    The correct answer is (B) Micro Pay

    Explanation:

    Axis Bank launched Micro Pay, the country's first pocket-sized swipe machine for accepting digital payments. This innovation enables businesses to accept card payments in a portable and easy-to-use format, promoting cashless transactions.

    Information Booster:

    • Micro Pay is a portable, pocket-sized device designed for small businesses to accept digital payments easily.

    • It supports card swipes, making it easier for businesses to transition to cashless payments.

    • The device is compact, making it convenient for mobile businesses and service providers.

    • The introduction of Micro Pay aims to increase financial inclusion and digital payment adoption in India.

    • It provides a secure, cost-effective solution for small merchants.

    • This launch aligns with Axis Bank’s goal of promoting a cashless economy.

    Additional Information:

    • Master Pay – There is no known payment solution by Axis Bank with this name.

    • Mini Pay  – Although it sounds similar, this is not the correct name for the pocket-sized swipe machine.

    • Macro Pay  – This is not a product related to Axis Bank’s payment solutions.

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