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MeitY ranks Airtel Payments Bank as top bank for digital transactions

MeitY ranks Airtel Payments Bank as top bank for digital transactions

Airtel Payments Bank achieved 211.66% of its digital transactions target made via UPI, debit card, mobile banking, net banking, prepaid card, PPI, NEFT among other methods.For 2018-19 fiscal, MeitY set up an overall target of processing 30 billion digital transactions aligned to the government’s Digital India mission. Airtel Payments Bank has a network of 500,000 neighborhood banking points across 29 states.

 

https://telecom.economictimes.indiatimes.com/news/meity-ranks-airtel-payments-bank-as-top-bank-in-india-for-digital-transactions/69956375

Aadhaar-enabled payment services backed by Airtel Payments Bank

Aadhaar-enabled payment services backed by Airtel Payments Bank

Customers with Aadhaar-linked bank accounts can now make transactions at over 2,50,000 points of Airtel Payments Bank in the country using either their Aadhar number or their virtual ID. AePS allows online interoperable financial transactions at a point of sale through the business correspondent of any bank using Aadhaar authentication. 

https://www.medianama.com/2020/03/223-airtel-payments-bank-aadhaar-enabled-payment-service/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+medianama+%28Medianama%3A+Digital+Media+In+India%29

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