Airtel Payments Bank has crossed the milestone of surpassing a total of 1 billion transactions volume during the September quarter of 2021-22. The numbers mean that Airtel has grown 61% on year-on-year growth in transaction volume per quarter. The ability to grow at such large scale in such a small … Read More
In the September quarter of this year, Airtel Payments Bank (APB) turned profitable. Now, it plans to double its business correspondents network across the country and drive monetisation via a combination of internet-based income and transactions apart from boosting revenues from cash management services in the B2B segment, revealed senior … Read More
Airtel Payments Bank, a subsidiary company of Bharti Airtel, offers a plethora of digital banking services to customers across India. A few months back, the company introduced a new feature called ‘Airtel Safe Pay’ for its customers. In the wake of increasing cyber frauds, Airtel Payments Bank has made transactions … Read More
Airtel Payments Bank, a subsidiary of Bharti Airtel had earlier announced that users could purchase digital gold directly through the Airtel Thanks mobile application of the company. This Navratri, if you have been thinking about purchase gold, Airtel Payments Bank can help you do that from the comfort of your … Read More
Airtel Payments Bank, a digital finance arm of Bharti Airtel will now be helping Stellapps, one of the leading dairy startups in India, with providing banking services to small dairy farmers across the country. Stellapps offers holistic financial management programs across the dairy value chain, with special programs designed to … Read More
Airtel Payments Bank today announced the launch of Rewards123Plus digital savings account which will be available for users at an annual fee of Rs 499 which aimed to offer multiple cashbacks and benefits. In addition to the assured benefits on different types of digital transactions, the Rewards123Plus account also offers … Read More
Bharti Airtel is one other company that can be said to be faring well in the Indian telecom industry apart from Reliance Jio. The telecom operator, besides having a reliance telecom business on the consumer front, has other services that it offers. Bharti Airtel’s business arm is another feather on … Read More
Airtel Payments Bank today announced that it recorded near about 50 million cash withdrawal transactions through AePS (Aadhaar Enabled Payment Services) platform in FY21. The Bank holds around 7% market share in AePS. More than 74% of these transactions were processed by Airtel Payments Bank’s neighbourhood banking points located in … Read More
Bharti Airtel’s online banking arm, Airtel Payments Bank has announced ‘Pay to contacts’, which will allow customers in initiating a UPI payment very conveniently by choosing the receiver’s mobile number from their contacts list. ‘Pay to Contacts’ will show the valid UPI id associated with the contact that the user … Read More
Bharti Airtel is seemingly adding a new revenue source to its existing base of customers, and that seems to be Airtel Payments Bank. The Payment Bank, which was one of the first of its kind to start operations in India, is now expecting to break even this year. This means … Read More
Airtel Payments Bank, an online payments banking arm of Bharti Airtel, has a great future in the country. The business is all set to break even by the end of this financial year. The Airtel Payments Bank got a boost on the arrival of COVID-19, which pushed users to transact … Read More
Airtel Payments Bank, the online banking service provided by Bharti Airtel, now allows users to invest in 24K digital gold through the ‘DigiGold’ feature inside the app. Since there is no minimum purchase value mandatory, users can start with investing an amount as low as Rs 1. The DigiGold service … Read More
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