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PayTM Payments Bank

Srikapardhi September 13th, 2017 11:49 AM 0 COMMENTS

Paytm Payments Bank Receives Ten Million Registrations Since the Beta Launch

Paytm, the digital payments major recently opened its payments bank aka Paytm Payments Bank to the public via the Paytm Beta application. Today, the company itself revealed that it received over 10 million registrations until now since the beta launch last month. At the end of August 2017, Paytm Payments Bank went live for users via Paytm 6.0 version of the application. The company announced the Payments Bank originally back... Read More

Chakri K August 28th, 2017 5:52 PM 30 COMMENTS

Paytm Payments Bank Goes Live For Public With the Paytm Beta 6.0 Version

Earlier this year, digital payment major, Paytm launched its Payments Bank with features at par with a traditional bank in the country. Paytm, in May 2017, said that the Payments Bank will be live for customers later this year. All these days, Paytm took interest from customers who're looking for a saving account in its Payments Bank. However, the Paytm Payments Bank is now live for the customers across India.... Read More

Chakri K August 2nd, 2017 6:35 PM 1 COMMENTS

Paytm to Start Messaging Service by August End to Rival WhatsApp: Report

The digital payments platform Paytm is allegedly looking into possibly launching its own messaging service by the end of August. According to a new report from Wall Street Journal, this move comes as an attempt to take on its rival, WhatsApp, which has been working on introducing payments feature within the app for the past few months. The Paytm chat application will supposedly offer its digital payment service inside the... Read More

Rudradeep Biswas June 24th, 2017 7:45 AM 6 COMMENTS

All You Need to Know About Payments Banks Launched in India Until Now

Payments banks are predicted to change our country's poor banking system in coming days. As majority of payments bank license, approved by Reserve Bank of India are directly or indirectly related to Telecom industries, it can be assumed that India's telecom industry can be a partner in changing the banking landscape, or banking system can be revamped by telecom majors-owned, stripped down version of conventional banks, which are in turn... Read More

Rudradeep Biswas June 15th, 2017 2:42 PM 6 COMMENTS

Everything You Need to Know About Payments Banks in India as a Consumer (Video)

In the last one year or so, the word Payments Bank is hitting everyone's mouth across the country. Back in August 2015, Reserve Bank of India (RBI) approved 11 applicants to open the Payments Bank service in India. And the major ones among the list are Airtel, India Post, Paytm, Aditya Birla Nuvo LTD, Vodafone m-Pesa, Reliance Industries LTD. [youtube https://www.youtube.com/watch?v=MIlzO5jpRCU] All the major telecom operators in the country are... Read More

Kaur G May 23rd, 2017 1:45 PM 23 COMMENTS

Paytm Launches Payments Bank; Plans To Spend Rs. 400 crore To Build Banking Network

Digital payment major Paytm has launched Payments Bank with features at par with a traditional bank in the country. Paytm Payment Bank will be offering 4 percent interest rate and cashbacks on deposits, zero fees on online transactions and zero minimum balance. The company is targeting to acquire 500 million customers by 2020. “RBI has given us an opportunity to create a new kind... Read More

Zara Ali December 5th, 2016 6:10 PM 26 COMMENTS

Everything You Need to Know About PayTM’s Wallet Merger with PayTM Payments Bank

PayTM is soon going to merge its PayTM Wallet business with its PayTM Payments Bank division. The company is waiting for RBI's green signal to start its banking operations. The parent company of PayTM - One 97 Communications is still going to carry on other e-commerce activities on PayTM's online portal. However, the wallet service will be merged into PayTM's future banking business. It is noteworthy to point out that... Read More