Q. Recently, which bank launched 'Flash Pay' for contactless payments?
Answer: Federal Bank
Notes: Federal Bank collaborates with NPCI to launch ‘Flash Pay,’ a RuPay smart key chain for contactless NCMC payments. It allows users to tap and pay at metros and PoS terminals, ensuring swift and secure transactions. Key features include effortless payments up to ₹5,000 without PIN, PIN authentication for transactions over ₹5,000, and a daily transaction limit of ₹1 lakh at PoS terminals for financial management.

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