Paytm Payments Bank (PPBL) has announced that Paytm Wallet can now be used on all UPI QR codes and online merchants. This means that customers with full KYC wallets can make payments on any UPI QR code and online merchant that accepts UPI payments. Continue reading “Paytm Wallet gets full interoperability on all UPI QR codes”
Paytm Payments Bank has launched UPI Lite Payments, which will enable customers to make payments up to ₹200 with one tap on the Paytm app. This service will never fail, even during peak transaction hours, when banks have success rate issues. Continue reading “Paytm launches never fail lightning-fast UPI payments”
PPBL, the Paytm Payments Bank Limited, has introduced a new feature called UPI LITE that allows for quick and easy UPI transactions with just one click. PPBL was also recently granted approval by the RBI to operate as a Bharat Bill Payment Operating Unit. Continue reading “Paytm Payments Bank launches UPI LITE for faster small value transactions”
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”
