Which of the following e-wallet app is offered by HDFC?

This question was previously asked in
Rajasthan 3rd Grade (Maths & Science) Official Paper (Held On: 25 Feb 2023 Shift 2)
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  1. PayZapp
  2. PhonePe
  3. Paytm
  4. BHIM

Answer (Detailed Solution Below)

Option 1 : PayZapp
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Rajasthan 3rd Grade (Level 1) Full Test 11
15.8 K Users
150 Questions 300 Marks 150 Mins

Detailed Solution

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The correct answer is PayZapp

Key Points

  • PayZapp: ✅ This is an e-wallet app launched and maintained by HDFC Bank. It allows users to make payments, recharge mobiles, book tickets, and more directly from their mobile phones.
  • PhonePe: ❌ It is owned by Flipkart and powered by the Unified Payments Interface (UPI) but is not associated with HDFC.
  • Paytm: ❌ This is a popular Indian digital wallet and e-commerce platform, independently operated and not linked to HDFC.
  • BHIM: ❌ BHIM (Bharat Interface for Money) is a government-backed UPI app developed by NPCI, not associated with any single bank.

Additional Information

  • HDFC Bank: HDFC is one of India's leading private sector banks and offers various digital payment solutions including PayZapp for mobile payments and SmartBuy for offers.
  • UPI Integration: PayZapp also supports UPI transactions, bill payments, and is accepted by several merchants for seamless purchases.

Hence, the correct answer is: option 1) PayZapp

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