PhonePe clarifies its stand on processing fee, here's what it says on UPI money transfers, offline, online payments
The company said that PhonePe does not charge for these transactions, and will not be doing so in the future also.
Oct 26, 2021, 13:20 PM IST
PhonePe big festive offer! Get assured cashback on mobile recharges— Here's how to avail the offer
Users can send and receive money, recharge mobile, DTH, data cards, pay at stores, make utility payments, buy gold and make investments via PhonePe platform.
Oct 22, 2021, 16:52 PM IST
Airtel Payments Bank increases day-end balance limit to Rs 2 lakh from Rs 1 lakh
The Bank deposits are insured under the Deposit Insurance and Credit Guarantee Corporation (DICGC) which is a wholly owned subsidiary of the RBI.
Apr 19, 2021, 13:10 PM IST
Mobile wallet accounts limit raised to Rs 2 lakh, know how your mobile wallet may soon turn into a bank
Henceforth, Payments Banks can hold a maximum balance of Rs 2 lakh per individual customers at the end of the day.
Apr 08, 2021, 12:20 PM IST
RBI hikes Payments Banks deposit limit per customer from Rs 1 lakh to Rs 2 lakh
Henceforth, Payments Banks can hold a maximum balance of Rs 2 lakh per individual customers at the end of the day.
Apr 07, 2021, 17:02 PM IST
India Post Payments Bank rolls out Aadhaar enabled payment services
With AePS services any common person with a bank account linked to Aadhaar can perform basic banking services such as cash withdrawals and balance enquiry irrespective of the bank they hold their account with.
Sep 09, 2019, 15:36 PM IST
Aditya Birla Idea Payments Bank begins operations
Payments bank are being promoted by the Reserve Bank to further financial inclusion.
Feb 23, 2018, 12:43 PM IST
Paytm launches payments bank; offers 4% interest, cashbacks on deposits, zero fees on transactions, no minimum balance
Paytm is the third entity in the country to launch a payments bank after Airtel and India Post.
May 23, 2017, 10:57 AM IST
Paytm to start payments bank from May 23; Renu Satti to be CEO
After months of delay, Paytm is now set to commence its payments bank operations from May 23, having received the final approval from the Reserve Bank of India.
May 17, 2017, 18:17 PM IST
Arun Jaitley launches Indian post payment bank
Arun Jaitley launches Indian post payment bank. Watch the full segment for more details.
Jan 30, 2017, 23:08 PM IST
Airtel launched first payment bank of India
Airtel launched first payment bank of India. Watch this special segment and get to know more here.
Jan 13, 2017, 13:21 PM IST
Airtel Payments Bank launches nationwide operations
Finance Minister Arun on Thursday launched the Airtel Payments Bank. Airtel Payments Bank launched its nationwide operations with an initial investment of Rs 3,000 crore and offering an interest rate of 7.25 per cent for savings accounts.
Jan 12, 2017, 18:30 PM IST
Airtel Payments Bank: All you need to know
Know the key facts about the Airtel Payments Bank.
Jan 12, 2017, 10:29 AM IST
Airtel Payments Bank to be launched today
During pilot phase, Airtel Payments Bank announced interest rate of 7.25 percent on deposits, free money transfer from Airtel to Airtel numbers within Airtel Bank, money transfer to any bank account in India.
Jan 12, 2017, 09:56 AM IST
After pilot services, Airtel to officially launch its Payments Bank Thursday
For the same, Airtel has sent out a media invite which reads “For the launch of Airtel Payments Bank – India's first payments bank by Arun Jaitley”.
Jan 11, 2017, 19:35 PM IST
Paytm gets RBI licence to launch Payments Bank; operations likely from next month
Paytm Payments Bank will be the second one to be set up in the country after Airtel Payments Bank launched its pilot bank in Rajasthan in November 2016.
Jan 03, 2017, 19:41 PM IST
Airtel opens India's first Payments Bank, starts pilot services in Rajasthan
Airtel Payments Bank is a subsidiary of Bharti Airtel. The bank will offer interest rate of 7.25 percent per annum on deposits in savings accounts.
Nov 23, 2016, 18:35 PM IST
Tech Mahindra becomes 3rd entity to quit payments bank plan; cites margin concerns
Tech Mahindra is the third applicant to abandon the plan to set up payments bank after Cholamandalam which quit last month and Dilip Shanghvi-IDFC Bank-Telenor combine last Friday.
May 24, 2016, 21:14 PM IST
Payments banks do not have a viable business model: SBI chief Arundhati Bhattacharya
Small and payments banks have not yet devised a business model which can be termed viable, SBI Chairperson Arundhati Bhattacharya said Monday.
Apr 18, 2016, 22:12 PM IST
Bharti Airtel, Kotak joint venture gets payment bank licence
The apex bank, Reserve Bank of India, on Monday granted payments bank licence to telecom service provider Bharti Airtel, for which it had applied in partnership with Kotak Mahindra Bank, a company statement said here.
Apr 11, 2016, 22:16 PM IST
