Banking · Payment Cards
Which type of card allows customers to make quick, small-value payments (up to Rs 5,000 as per RBI guidelines) without needing to physically insert the card into the POS machine or enter a PIN?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Pre-paid Card
- 2Contactless Card✓
- 3Charge Card
- 4Co-branded Card
Correct answer
Contactless Card
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