In order to digitise the cash collection mechanism in India’s Tier III cities and semi-urban areas, Airtel Payments Bank has teamed with Axis Bank. Airtel Payments Bank will help Axis Bank digitise last-mile cash collections by utilising the broad reach of its digital-led neighbourhood banking concept. This collaboration will aid Axis Bank in streamlining its cash management operations. Additionally, it is anticipated to shorten the payment cycle and free up bandwidth for the nation’s field agents.
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