Question

World's first Bank-Agnostic Instant Funds Transfer Platform using Facebook was launched by?

• A. ICICI Bank
• B. Kotak Mahindra Bank
• C. IndusInd Bank
• D. Central Bank

Hint:

Remember: KayPay = Kotak + Facebook instant transfer (bank-agnostic).

Answer 1

The Correct Option is B

Step 1: Kotak Mahindra Bank launched "KayPay", the world's first bank-agnostic instant funds transfer platform using Facebook. 
Step 2: It allowed users to transfer money securely to friends on Facebook regardless of their bank. \[ \boxed{\text{Kotak Mahindra Bank}} \]