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Chakri K March 15th, 2017 12:43 PM 2 COMMENTS

Airtel Payments Bank Spreads Across 100 Villages of Tamil Nadu to go Cashless

India's first payments Bank, Airtel Payments Bank today announced that they had enabled 100 villages across Tamil Nadu to go cashless as part of its endeavour to take its banking services deep into rural/unbanked areas and contribute to financial inclusion in the country. All the 100 villages will now have access to essential banking services and the option of making digital payments, making them less reliant on cash. Every village... Read More

Chakri K March 6th, 2017 3:18 PM 0 COMMENTS

Now Pay at Any Spencer’s Retail Store in India Using Airtel Payments Bank

India's first payments Bank, Airtel Payments Bank owned and managed by Bharti Airtel, today announced that its customers could make digital payments at all Spencer's retails outlets across 35 cities/towns in India. Of late, Airtel has been working hard on adding new merchants to its digital payment ecosystem, which already has over one million merchants. Airtel Payments Bank customers will enjoy 10 percent cash back on all digital payments for... Read More

Ria Lakshman February 14th, 2017 4:41 PM 6 COMMENTS

200 Villages In India Go Digital Due To Airtel Payments Bank, Says Airtel

Airtel Payments Bank has helped 200 villages in India to go digital, according to a release by Airtel. These 200 villages now get access to basic banking services and options to do digital transactions, making them less reliant on cash. Airtel will continue to expand its Payment Bank services to 5000 villages soon. The service provider has not announced any timeframe to achieve the same. “We are fully committed to... Read More

Ria Lakshman February 2nd, 2017 5:25 PM 4 COMMENTS

Airtel Payments Bank achieves ‘one lakh’ milestone in Uttar Pradesh

Within two weeks of launch, Airtel Payments Bank has gained one lakh savings bank accounts in the state of Uttar Pradesh, according to Bharti Airtel. Around 60% of these savings accounts are opened in rural areas. In Uttar Pradesh, around 12,000 Airtel retail outlets serve as Payments Banks. Commenting on the milestone achieved in Uttar Pradesh, Shashi Arora, MD & CEO, Airtel Payments Bank said, “We are delighted with the... Read More

Rudradeep Biswas January 23rd, 2017 11:58 AM 17 COMMENTS

Airtel integrates its Airtel Payments Bank into the latest update of MyAirtel app

Bharti Airtel, India’s largest telecom network with over 263 million subscribers under their belt is trying is trying every possible way to retain its customers. As everyone might be aware of the fact that Airtel recently started a new initiative called ‘Airtel Payments Bank’ and the service received a massive response from the customers across the country. The telecom network is offering several perks with its new service like 7.25... Read More

Ria Lakshman January 12th, 2017 5:38 PM 38 COMMENTS

Airtel Payments Bank Goes Live in 29 states in India

After the successful pilot runs, Airtel Payments Bank is all set to go LIVE across the country. It commences its national operations in all 29 states in India. Mr. Arun Jaitley, Honorable Union Minster of Finance and Corporate Affairs, formally launched service. Speaking on the occasion, Sunil Bharti Mittal, Chairman of Bharti Enterprises said, “With Airtel Payments Bank, we are starting another important chapter in our journey, with the potential... Read More

Rudradeep Biswas December 23rd, 2016 7:13 AM 0 COMMENTS

Seven Advantages of Opening an Airtel Payments Bank Account!

Airtel Payments Bank, India’s first payments bank service has received a massive response from its initial launch. Initially, the services were launched in only one state- Rajasthan, however, after receiving 1,00,000 customers in just two weeks, the telecom network expanded the services to Andhra Pradesh, Telangana, and Karnataka. Why are customers going nuts about this service? Well, this is not just a digital wallet service such as Paytm and Mobikwik... Read More

Srikapardhi December 11th, 2016 2:46 PM 23 COMMENTS

Airtel Payments Bank crosses One Lakh Savings Accounts, 70% of the accounts opened in rural areas

Airtel Payments Bank, the first payments bank in India to go LIVE, today said it has opened over one lakh (100,000) savings accounts in less than two weeks of rolling out its pilot services in Rajasthan. Close to 70% of the over one lakh accounts opened with Airtel Payments Bank are in rural areas, highlighting the massive scope for serving customers, particularly in unbanked and underbanked pockets. Airtel Payments Bank... Read More

Ria Lakshman November 27th, 2016 10:42 PM 4 COMMENTS

10,000 customers opened savings accounts with Airtel Payments Bank within two days of going live, says Airtel

Within two days of going LIVE in Rajasthan, over 10,000 customers opened savings accounts with Airtel Payments Bank, according to Airtel. The customers mostly comprise of people from semi-urban and rural areas. In Rajasthan, Airtel provides banking services through Airtel’s retail networks. There are around 10000 retail outlets that act as banking points. A two-third of these 10,000 retail stores are located in the rural areas. Besides, a network of... Read More

Ria Lakshman May 3rd, 2016 3:59 PM 1 COMMENTS

Airtel changes the name of Airtel M-Commerce Services Ltd to Airtel Payments Bank Ltd

Bharti Airtel has renamed its subsidiary Airtel M-Commerce Services Limited as “Airtel Payments Bank Limited”. A new logo has also been unveiled for the same. According to Airtel, the name change is a reflection of company’s focus on the payments bank sector. Airtel Payments Bank Limited is the first entity in India to receive a payments bank license from the Reserve Bank of India (RBI). Its services will be rolled out... Read More