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_______ is the Global Collections service offered by Cashfree Payments and YES Bank?

Daily Quiz on Current Affairs 11 May 2023

(a) A domestic payment collection service

(b) An international payment collection service for importers

(c) An international payment collection service for exporters

(d) A cross-border payment transfer service

Ans.(c)

Sol. The Global Collections service is an international payment collection service for exporters who hold an account with YES Bank, allowing them to collect payments in over 30 foreign currencies using the service.

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