Airtel Payments Bank, the banking and finance business of Bharti Airtel, has now over 15 million monthly active users. The online bank's services first went live for the users in India back on April 11, 2016. Over the last five years, Airtel has invested a lot of resources into making the Payments Bank a more secure and faster experience for the users. Much recently, Airtel Payments Bank officially launched the... Read More
Bharti Airtel has just launched ‘Airtel Safe Pay’ to protect its users' digital payments and transactions. The service has been launched under the telco’s online banking arm, ‘Airtel Payments Bank’. With the ‘Airtel Safe Pay’, users will be able to make net banking and Unified Payments Interface (UPI) transactions through Airtel Payments Bank without any worry of losing their money to online frauds and thefts. Airtel says that this technology... Read More
Bharti Airtel, India’s second-largest telecom operator, is now offering users car insurance with the Airtel Payments Bank. For the unaware, Airtel Payments Bank can be accessed within the Airtel Thanks app or the user can also directly go and login to the web portal of the service. Utilising the app, users can make various utility payments or even transfer money to their friends and family. Now the Airtel Payments Bank... Read More
Bharti Airtel on Tuesday said that its Airtel Payments Bank has enhanced its app to simplify payment experience for its merchant partners. The company said that the enhanced app will “further empower its merchant partners with a range of digital benefits” that streamlines the payment experience. The merchants using the Airtel Payments Bank would now be introduced to two new features namely “Smart ePOS” and “On-Demand Settlement.” The company said... Read More
Airtel Payments Bank today announced the launch of 'Suraksha Salary Account,' which is an innovative salary account for Micro, Small and Medium Enterprises (MSME). Airtel Payments Bank made this announcement as India begins to open up following the COVID-19 lockdown. The payments bank company also stated that there are over 60 million units in India's MSME sector which accounts for 29% of India's GDP. Suraksha Salary account provides wide-range of... Read More
Bharti Airtel has been rolling out new features to its mobile app every now and then. After bringing a COVID-19 self-assessment tool to Airtel Thanks app, the company is adding yet another new feature related to Coronavirus itself. Airtel Payments Bank has now created a dedicated 'Fight Corona' section under the banking section of Airtel Thanks app. With this new addition, customers can make a direct contribution to PM CARES... Read More
Airtel Payments Bank today announced the launch of Aadhaar Enabled Payment System (AePS) across its banking points in the country. With the help of this new payment system, along with customers of Airtel Payments Bank, customers of any bank with Aadhaar linked bank account can undertake financial transactions at over 250,000 banking points of Airtel Payments Bank. Customers of Airtel Payments Bank can also do financial transactions at any AePS... Read More
Airtel Payments Bank users can now transfer funds via National Electronic Funds Transfer (NEFT) at any time of the day. In-line with the Reserve Bank of India's guidelines, Airtel Payments Bank customers can do NEFT transactions on a 24x7 basis. The transfers will work even on holidays enabling the customers to receive or send funds to any bank from anywhere, anytime. Usually, NEFT transactions do not work on holidays and... Read More
Bharti Airtel and Bharti Enterprises have injected about Rs 325 crore in Airtel Payments Bank, as per regulatory documents. The fund infusion from Bharti Airtel stood at Rs 260 crore, and that from Bharti Enterprises at Rs 65 crore in the form of preference shares, according to the details of the filing shared by market intelligence firm Tofler. In response to an email query sent by PTI on the issue,... Read More
Bharti Airtel is taking its attempts against Reliance Jio and the market leader, Vodafone Idea very seriously, and to ramp up its operations, the telecom operator is leaving no stone unturned. The Sunil Bharti Mittal led telco is leveraging every area in which it offers its services to try to gain the upper hand over other telcos. One such avenue is the Airtel Payments Bank. Airtel Payments Bank has also... Read More
Airtel Payments Bank has announced today that it has finally started offering open loop BHIM UPI based transactions at over 500,000 merchant points across India. This new introduction will allow the consumers to make digital payments for goods and services by using any BHIM UPI enabled bank or payments app over their mobile phones. It is worth noting that Airtel Payments Bank has been providing payments solutions to consumers to... Read More
Airtel Payments Bank on Friday announced it has teamed up with Bharti AXA General Insurance for a two-wheeler insurance product offering. In a statement, Airtel Payments Bank said the product is available on My Airtel App and at over 40,000 Airtel Payments Bank points across India during the first phase of launch. "Airtel Payments Bank today (Friday) announced the launch of an attractive two-wheeler insurance product in association with Bharti... Read More
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