Tag: Airtel Payments Bank

Airtel Payments Bank increases day-end balance limit to Rs 2 lakh

The bank has increased the day-end balance limit to Rs 2 lakh from Rs 1 lakh.

April 18, 2021

Airtel Payments Bank launches ‘Airtel Safe Pay’ to curb digital transaction frauds

Airtel Safe Pay leverages Airtel's telecom exclusive strength of network intelligence to provide an additional layer of payment validation.

January 20, 2021

Airtel Payments Bank expands footprint in West Bengal

Now with the help of the Airtel Payments Bank over 12,500 unbanked villages in the state now have access to formal banking services.

November 19, 2020

Airtel Payments Bank partners with Bharti AXA General for motor insurance

With no pre-inspection required, a customer only needs to fill in the details about the vehicle.

November 9, 2020

Airtel Payments Bank, Bharti AXA tie up for ‘shop insurance’ for retailers

In the event of an accident leading to permanent disability, partial disability, or loss of life, this ensures financial protection for the family.

August 7, 2020

Airtel Payments Bank launches ‘Suraksha Salary Account’ for MSMEs

1. Unlike traditional bank accounts, these accounts have no minimum balance condition. 2. Customers will also be able to make cash deposits and transfer money at these points.

June 15, 2020

Airtel Payments Bank, Mastercard join hands to develop payment solutions for farmers, SMEs

The collaboration will bring together Mastercard's global and local experience in developing advanced financial solutions and Airtel Payments Bank's strong distribution network to reach the last mile and its large customer base.

May 26, 2020

Now Airtel Payments Bank customers can use NEFT for 24×7

Customers to Airtel Payments Bank customers can transfer funds via NEFT using the banking section of the Airtel Thanks app

December 26, 2019

Airtel Payments Bank ties up with Bharti AXA Life to sell term insurance

The product, Bharti AXA Life POS (Point of Sale) Saral Jeevan Bima Yojana, is a pure life term insurance plan which is aimed at the under-insured and uninsured segments in India.

July 2, 2019

UIDAI allows Airtel to do eKYC till Jan 10 with riders

The Aadhaar-issuing body UIDAI on Thursday allowed Bharti Airtel to conduct an eKYC verification for its telecom subscribers till January 10 with stiff riders but maintained its ‘suspension’ order on Airtel Payments Bank. Airtel, India’s largest telecom company with 282 million subscribers, got the temporary reprieve with conditions after Rs 138 crore Direct Benefit Transfer …

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December 21, 2017

Airtel Payments Bank e-KYC licence suspended with immediate effect

In its strongest action yet, the UIDAI has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM verification of mobile customers using eKYC process as well as e-KYC of payments bank clients. The action follows allegations of Bharti Airtel using the Aadhaar-eKYC based SIM verification process to open payments bank accounts of …

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December 18, 2017

Hike partners Airtel Payments Bank for its digital payment wallet

Indian instant messaging application Hike on Wednesday partnered with Airtel Payments Bank to power its digital payment wallet. “We’re on track of over five million transactions this month (November) from services such as recharge and P2P. “We’re excited and we look forward to working with Airtel on supporting this effort to bring more Indians online …

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November 22, 2017

Airtel Payments Bank joins hands with HPCL for fuel purchases

Airtel Payments Bank today said its customers can now make secure and convenient digital payments for fuel purchase at 1,500 HPCL fuel stations across Andhra Pradesh and Telangana. According to statement issued by the bank, the announcement was made during the inauguration of HPCL fuel station as banking point in the Manikonda HPCL fuel station …

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October 24, 2017