Payment Updating Tat Quiz

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| By Catherine Halcomb
Catherine Halcomb
Community Contributor
Quizzes Created: 1384 | Total Attempts: 6,182,446
Questions: 5 | Attempts: 102

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Payment Updating Tat Quiz - Quiz


Questions and Answers
  • 1. 

    What is Payment Updating TAT for Mobile App.?

    • A.

      Same day

    • B.

      24 hrs

    • C.

      2 hrs

    Correct Answer
    B. 24 hrs
    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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  • 2. 

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

    • A.

      Same Day

    • B.

      Next Day

    • C.

      Instantly

    Correct Answer
    A. Same Day
    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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  • 3. 

    What is Payment Updating TAT for AXIS and CPU.?

    • A.

      1 to 2 days

    • B.

      2 to 4 days

    • C.

      3 to 4 days

    Correct Answer
    C. 3 to 4 days
    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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  • 4. 

    What is Payment Updating TAT for Pay U and  Pay TM.?

    • A.

      2 Hrs

    • B.

      24 Hrs

    • C.

      4 Hrs

    Correct Answer
    B. 24 Hrs
    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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  • 5. 

    What is Payment Updating TAT for ICICI Bank.?

    • A.

      2 to 4 hrs

    • B.

      3 to 5 hrs

    • C.

      2 to 3 hrs

    Correct Answer
    C. 2 to 3 hrs
    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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  • Current Version
  • Feb 02, 2024
    Quiz Edited by
    ProProfs Editorial Team
  • Jun 07, 2017
    Quiz Created by
    Catherine Halcomb
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