New Delhi [India], May 12 (ANI/BusinessWire India): Bajaj Allianz Life Insurance, one of India's leading private life insurers, has introduced Bajaj Allianz Life Group Term Life - A Non-linked Non-Participating Group Term Insurance Plan, an affordable protection plan exclusively for the cust
Paytm UPI Lite continues to gain rapid popularity among the masses to carry out small-value transactions of up to Rs 200 in a single tap, according to a statement from Paytm Payments Bank.
To enable customers to access banking services on their mobile phone, India Post Payments Bank (IPPB), in collaboration with Airtel, announced the launch of WhatsApp Banking Services on Friday.
Mumbai (Maharashtra) [India], March 21 (ANI/PNN): Fino Payments Bank ("Fino Bank", "The Bank") is actively pursuing to capitalize on the opportunities arising out of increasing digitalization of India's economy. The profitable payments bank and the only listed entity in its space, is focusin
Bengaluru (Karnataka) [India], March 3 (ANI/NewsVoir): Razorpay, India's Leading Full-Stack Payments and Banking Platform for Businesses, has ranked #11 in Y-Combinator's Breakthrough Companies 2023 List, making it the only Indian company to feature in the Top 15 range. Y-Combinator's Breakt
Paytm UPI LITE aims to make digital payments more accessible to people across the country. UPI LITE, enabled by National Payments Corporation of India (NPCI), aids users to carry out multiple small value UPI transactions without using a PIN.
Designed by the National Payments Corporation of India (NPCI), UPI LITE was launched by the Reserve Bank of India in September 2022. It also de-clutters the bank passbook of small value transactions, as these payments would now only show in the Paytm balance and history section, and not in t
Paytm Payments Bank Limited (PPBL) received final approval from the Reserve Bank of India to operate as Bharat Bill Payment System services under the Payment and Settlement Systems Act, 2007, said a press release on Monday.
The Union Cabinet on Wednesday approved the incentive scheme with a financial outlay of Rs 26 billion for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (P2M) for 2022-23, compared with Rs 15 billion in 2021-22.
Paytm Payments Bank being an issuer and payment service provider bank in itself along with being an acquirer of UPI transactions on its own platform, makes it the source and destination for all of its transactions. So, it effectively serves the customer end-to-end in a transaction.
The payments bank said the new facility would help business correspondents (BCs) of the bank to open an account just by undertaking face authentication through electronic know-your-customers (e-KYC).
New Delhi [India], October 16 (ANI): As the country moves towards digitalisation of the whole banking sector and paperless transactions, Paytm Payments Bank is strengthening its leadership with seasoned executives from the banking and financial services industry.