Payments Bank. What Is It? And Which Banks Have It?

Payments Bank. What Is It? And Which Banks Have It?

  Airtel set up the first payments bank in India in November 2016, a game changer for Digital India. Payments Bank will redefine banking in India and serve as the first step towards formal banking. They target migrant labor, young professionals and small businesses, offering them savings accounts and remittance services with low transaction costs.Read more about Payments Bank. What Is It? And Which Banks Have It?[…]

The Concept of UPI (Unified Payments Interface)

The Concept of UPI (Unified Payments Interface)

  You too can join the smart people who have become ‘digital & cashless’. One of the simplest options is UPI. For the forthcoming festive season try buying gifts for your loved ones using the Unified Payments Interface Mobile App of your respective bank. Unified Payments Interface (UPI) enables immediate money transfer through your mobileRead more about The Concept of UPI (Unified Payments Interface)[…]