PB Authoriser

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PB Authoriser Interview Questions and Answers

Updated 28 May 2024

Q1. What is passive payment system

Ans.

Passive payment system is a method of payment where the payer authorizes the payee to withdraw funds from their account without further action.

  • Payer gives permission for payee to withdraw funds

  • No further action required from payer once authorization is given

  • Commonly used for recurring payments like subscriptions or utility bills

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