Paytm, probably the most used e-wallet app in India has received a new iOS app update, which enables users to setup BHIM UPI (one-touch payment). This was recently made available on the Android platform. Using the new BHIM UPI feature, users will be able to receive and transfer money directly into their bank account at no extra cost. Continue reading “Paytm Payments Bank now offering physical debit card”
Paytm Payments bank has finally gone live in India making it the third payments bank in the country, after Airtel and India Post. The first physical branch of Paytm Payments Bank will go live in Noida today. Initially, the service will be available on an invite-only basis. In the first phase, Paytm Payments bank will roll out the beta version of the banking app for its employees and associates. Continue reading “Paytm Payments bank launched, offers 4% interest, no minimum balance and more”
Last year in December, Paytm announced that it will merge its digital wallet business with Payments Bank. The Vijay Shekhar led company received RBI’s approval to launch the payment bank in January. Now, Paytm has announced that it is all set to launch Payments Bank on May 23. Renu Satti will be the CEO of Paytm Payments Bank.
Continue reading “Paytm Payments Bank to start operations from May 23: All you need to know”