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 … Read More
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 … Read More
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 … Read More
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 … Read More
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 … Read More
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 … Read More
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 … Read More
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 … Read More
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 … Read More
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