State run telecom operator Bharat Sanchar Nigam Limited BSNL launched its own mobile wallet service to enable one tap bill payment for more than one hundred million subscribers BSNL introduced this wallet in partnership with which digital payments company

Difficulty: Easy

Correct Answer: MobiWik

Explanation:


Introduction / Context:
As digital payments grew in India many telecom operators partnered with fintech companies to launch branded mobile wallets for their subscribers. Bharat Sanchar Nigam Limited BSNL a state run telecom company also launched a mobile wallet to simplify bill payments and recharges. This question asks you to identify the digital payments company that partnered with BSNL for this initiative.


Given Data / Assumptions:

  • The organisation is BSNL a government owned telecom operator.
  • A mobile wallet was launched for BSNL customers.
  • The purpose is one tap bill payment for over one hundred million subscribers.
  • The options list four payments and technology companies Free Charge MobiWik Paytm and Ezetap.


Concept / Approach:
To answer this you need to recall current affairs in the digital payments space. While Paytm and Free Charge are well known wallet brands BSNL chose a partner that would white label the wallet under BSNL name rather than use its own consumer brand in the foreground. MobiWik had a strategic partnership with BSNL to power such a co branded wallet which is a key fact often tested in banking exams.


Step-by-Step Solution:
Step 1: Remember that BSNL announced a mobile wallet for its large subscriber base. Step 2: News articles reported that BSNL teamed up with MobiWik to create this wallet allowing digital payments for recharges and bills. Step 3: Check the options and identify that MobiWik appears as option B although spelled with a slightly different casing. Step 4: Free Charge and Paytm run their own consumer apps but were not named as BSNL official wallet partners in those announcements. Step 5: Therefore the correct answer is MobiWik representing the company MobiKwik.


Verification / Alternative check:
You can verify by thinking about the strategic benefits. MobiWik historically focused on partnerships with large institutions such as telecom operators and public sector units to expand its reach. A co branded wallet with BSNL fits this strategy and was widely mentioned in fintech news. On the other hand Paytm concentrated more on its own brand app and merchant network which makes a white label partnership less likely in this specific context.


Why Other Options Are Wrong:
Free Charge though a known wallet service was not announced as BSNL official partner for this mobile wallet project. Paytm is a leading wallet company but it launched its own independent app and did not power the dedicated BSNL wallet described here. Ezetap provides point of sale and payment technology solutions rather than consumer wallets for telecom subscribers.


Common Pitfalls:
A frequent mistake is to choose Paytm simply because it is the most famous wallet brand. Another pitfall is overlooking the subtle spelling difference of MobiWik in the options and assuming it is not the same as MobiKwik. Paying attention to the partnership pattern and reading the question carefully help avoid these errors.


Final Answer:
BSNL launched its mobile wallet in partnership with digital payments company MobiWik MobiKwik.

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