Current Affairs · Banking and Finance
In October 2025, PhonePe in collaboration with Mastercard launched the 'Tap & Pay' feature for secure contactless payments in India. Which of the following statements is/are correct regarding this launch? 1. The 'Tap & Pay' feature is available to Mastercard credit, debit, and prepaid cardholders in India for seamless transactions at physical outlets. 2. This launch also aims to enable tokenised payments for e-commerce transactions, enhancing payment security. 3. The feature has been rolled out exclusively for PhonePe UPI users working with Visa payment cards.
- 1Only 3
- 2Both 1 and 2✓
- 3Both 2 and 3
- 4Only 1
Correct answer
Both 1 and 2
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