India’s biggest mobile wallet PayTM has launched its payment bank feature for all users. Update your paytm aap to see bank option. Bank feature is available in latest update of PayTM app version 6.0. The update is available for both Android and IOS. Payment bank feature is available in app…
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Payment Bank Features and Use!
Why Airtel and PayTM choose to open Payment Bank As per now only Airtel has opened payment bank and PayTM has announced it lunch date. As per news both payment banks will use customer’s mobile number as account number, which is for both have entities. As large number of user…
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What is Payment Bank?
Payment bank is just like another normal banks with sum restriction. These banks will be fully paperless. These banks cannot issue loan and credit cards. These banks can accept a restricted amount of deposits which is caped to 1lakh INR currently. Payment bank customer can transfer their money from payment bank to…