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When was the teenage-focused Fintech startup in India, Pencilton recently launched the Pencil Card, a debit card that meets the National Common Mobility Card standards?
A)
24th Jan 2022
B)
25th Jan 2022
C)
26th Jan 2022
D)
27th Jan 2022

Correct Answer : Option (B) - 25th Jan 2022



Pencilton, a teen-focused fintech company, has launched PencilCard in 25th Jan 2022, a debit card with NCMC for teens. PencilCard is an NCMC-compliant (National Common Mobility Card) RuPay debit card specially designed for the teenager segment. It has been launched in partnership with Transcorp.
 
According to a press release for customers, a single PencilCard will serve a number of wants as this debit card which works for on-line & offline funds similar to every other debit card additionally doubles up as a metro card, and bus card – an all-in-one card. The debit card can already work as a metro card for journey in Delhi (Airport line) & as a bus card in Goa (throughout KTC buses). It can be scheduled to be accepted for metro journey in Pune, Chennai & Mumbai in addition to in BEST buses (Mumbai) very quickly.

Source : Economic Times

Published On : January 28, 2022
Category : Business and Economics
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