“Wearable ATM Cards and Offline UPI’ has been launched by which company?

Correct option is D

Acemoney has introduced innovative wearable ATM cards and offline UPI payments, which allow users to perform transactions without a physical card or internet connection. This technology uses NFC (Near Field Communication) to facilitate secure transactions.
Important Key Points:
1. Wearable Technology: Involves devices like smartwatches or bands that can perform ATM functions.
2. Offline UPI: Enables transactions without an internet connection, beneficial in areas with poor connectivity.
3. NFC Technology: Allows secure communication between devices over a short distance.
4. Financial Inclusion: Aims to provide banking services to remote and underserved areas.
5. User Convenience: Simplifies the transaction process, making it more accessible.
6. Security: Enhanced security features to prevent fraud and unauthorized transactions.
7. Innovation in Fintech: Represents a significant advancement in the financial technology sector.
Information Booster:
 RuPay: An Indian multinational financial services and payment service system, introduced by the National Payments Corporation of India (NPCI).
 MasterCard: An American multinational financial services corporation, offering a range of payment solutions globally.
 VISA: Another American multinational financial services corporation, known for its credit, debit, and prepaid cards.
 Acemoney: A newer entrant focusing on innovative financial solutions, particularly in the wearable tech space.