时间:2024-09-20 08:07:53 来源:网络整理编辑:百科
India’s ongoing, audacious project to bring banking and financial services to much of its popu
India’s ongoing, audacious project to bring banking and financial services to much of its population hit a major milestone today; the country’s first payments bank is now live.。
Airtel, India’s largest telecom network, with over 260 million subscribers, today announced the launch of Airtel Payments Bank. At a media event Thursday, the company committed an initial investment of 30 billion Indian rupees ($440 million) to bring its service across India.。
SEE ALSO:India's largest mobile wallet app Paytm gets regulatory nod to operate its own Payments Bank。The conglomerate said its service is now functional in all 29 states of India, adding that its 250,000 retail stores across the nation will serve as banking points. The company began testing its service last November in Rajasthan. Over 1 million customers joined the network during the pilot phase, it said today.。
The payment bank is an initiative from the Indian government, first unveiled in 2014, that cuts the need of going to traditional banks and makes nearly every bank operation accessible from a smartphone.。
Under this initiative, anyone can open a bank account using their Aadhaar based e-KYC information. Aadhaar is another bold initiative from the Indian government that ties all of people’s information with their fingerprint and iris-scan data.。
Thanks for signing up! 。
Over one billion people in India have already enrolled themselves in the Aadhaar program (Aadhaar is Hindi for foundation). Thanks to this, a person interested in opening an account with Airtel Payments Bank (or any other payments bank) won’t need paper documentation.。
Through this move, the government seeks to bring digital banking services to much of the country’s unbanked population. In 2015, it gave an an in-principle approval to 11 of the 41 applicants who had applied to set up their own payments bank. 。
To lure customers, Airtel is offering an interest of 7.25 percent per annum on savings account deposits. This compares to the 4 percent interest rate on deposits that most public and private sector banks offer. Furthermore, there will be no processing fee for customers and merchants partners for digital transactions on the network.。
Additionally, Airtel is offering Payments Bank users one minute of free talk time on its telecom network for every rupee deposited to their savings account. It is also offering free personal accidental insurance worth $1500 to all savings account holders. 。
Airtel Payments Bank is now available on Android and iOS. The company said customers would also get access to a MasterCard-powered online card to seamlessly make payments across all online merchants accepting MasterCard.。 Other applicants that have received approval are also working on their payments bank. Paytm, India’s largest mobile wallet service, recently received 。final approval from the RBI to launch its payments bank。
final approval from the RBI to launch its payments bank 。. The company expects to launch its payments bank next month.。Two states took big steps this week to get rid of the tampon tax2024-09-20 08:02
《小女花不棄》今晚榮耀收官 全員演技在線大獲好評2024-09-20 08:00
《皓鑭傳》霸屏收官 ,複盤愛奇藝“爆款”背後的內容“門道”2024-09-20 07:57
《我與你的光年距離2》會員收官 完顏洛絨深情告白終收獲愛人2024-09-20 07:29
Give your kitchen sponge a rest on this adorable bed2024-09-20 07:28
火爆各大平台的奇幻兒童劇《神仙學苑》春節假期的不二選擇2024-09-20 07:12
景甜《火王》HE收官 新作《愛旅》開年接力2024-09-20 06:53
偶像迷你劇《彗星來的那一夜》定檔 2月13日甜蘇上線2024-09-20 06:16
Fyvush Finkel, Emmy winner for 'Picket Fences,' dies at 932024-09-20 05:56
《人間正道是滄桑》大國工匠彭祥華:與死神較量 ,屢獲爆破奇功2024-09-20 05:28
'Rocket League' Championship Series Season 2 offers $250,000 prize pool2024-09-20 08:06
《我世界裏的你》624上映 ,預期票房創暑期檔新高紀錄2024-09-20 08:05
《我的冤家住對門》笑中帶淚 雙核模式解讀現代情感關係2024-09-20 08:01
看顏值 、看飯桌 、看構圖 優酷修複版《鄉愛》“盤”出新高度2024-09-20 08:00
Metallica to seek and destroy your eardrums with new album this fall2024-09-20 07:46
《萬裏歸途》歸途艱辛,知味軒”罐”滿能量伴你前行2024-09-20 07:32
《彗星來的那一夜》今日開播 阿牛跨界執導偶像迷你劇2024-09-20 07:25
《人間正道是滄桑》青藏高原上年逾六十的“高原取光人”甄威2024-09-20 06:28
Tyler, the Creator helped Frank Ocean celebrate 'Blonde' release in a delicious way2024-09-20 06:03
看2019湖南衛視春節聯歡晚會 贏豬年超級大禮包2024-09-20 06:00