Payment Updating Tat Quiz

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| By Catherine Halcomb
Catherine Halcomb
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| Attempts: 102 | Questions: 5
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1. What is Payment Updating TAT for Pay U and  Pay TM.?

Explanation

The correct answer is 24 Hrs. This means that the Payment Updating Turnaround Time for both Pay U and Pay TM is 24 hours. This indicates that it takes a maximum of 24 hours for the payment to be updated and reflected in the respective accounts or systems of Pay U and Pay TM.

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About This Quiz
Payment Updating Tat Quiz - Quiz

This quiz assesses knowledge on the Turnaround Time (TAT) for payment updates across various platforms such as mobile apps, banks, and payment services. It highlights the differences in processing times, enhancing understanding crucial for financial management and operational efficiency.

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2. What is Payment Updating TAT for AXIS and CPU.?

Explanation

The payment updating TAT for AXIS and CPU is 3 to 4 days. This means that it takes 3 to 4 days for the payment to be updated and reflected in the systems of AXIS and CPU.

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3. What is TAT for Updating Payment for Cash@POs .?

Explanation

The TAT (Turnaround Time) for updating payment for Cash@POs is the same day. This means that the payment will be processed and updated on the same day it is made at the Point of Sale (PO). It ensures that there is no delay in reflecting the payment in the system, providing prompt and efficient service to customers.

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4. What is Payment Updating TAT for Mobile App.?

Explanation

The correct answer is 24 hrs. This means that the Payment Updating Turnaround Time for the Mobile App is 24 hours. This indicates that it takes a maximum of 24 hours for any payment updates made through the mobile app to be processed and reflected in the system.

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5. What is Payment Updating TAT for ICICI Bank.?

Explanation

The correct answer is 2 to 3 hrs. This means that the Payment Updating Turnaround Time (TAT) for ICICI Bank is expected to be between 2 to 3 hours. This indicates the average time it takes for payments to be processed and updated in the bank's system.

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    Quiz Edited by
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  • Jun 07, 2017
    Quiz Created by
    Catherine Halcomb
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What is Payment Updating TAT for Pay U and  Pay TM.?
What is Payment Updating TAT for AXIS and CPU.?
What is TAT for Updating Payment for Cash@POs .?
What is Payment Updating TAT for Mobile App.?
What is Payment Updating TAT for ICICI Bank.?
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