24 April 2018

Paytm Payments Bank Registers 100M KYC Wallets

Paytm Payments Bank Registers 100M KYC Wallets


Paytm Payments Bank now has over 100 million KYC wallets, against the constant campaigning done by the bank about the benefits of the Know Your Customer (KYC) system.

The bank has introduced several options that include Paytm KYC centres and 'Paytm-Ka-ATM' outlets to offer more localised support. Customers can locate these through the 'Nearby' section on the Paytm app.

Source- ANI News
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Paytm Payments Bank is owned 51 percent by Paytm founder Vijay Shekhar Sharma and 49 percent by One97 Communications Limited.

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