Categories: Agreements

Paytm Payments Bank inks partnership with Mastercard

Paytm Payments Bank Ltd (PPBL) inks partnership with Mastercard to issue virtual and physical debit cards. These cards enable its customers to perform secure online transactions, make payment in stores as well as withdraw cash from ATMs.

Click Here To Get Test Series For SBI PO 2020

The main objective of PPBL is to issue over 10 million digital debit cards in FY 2020-21. Paytm Payments Bank Ltd cases to have 5.7 crore account holders and 30 crore computerized wallets. Mastercard offers its fully-integrated global payment platform to Paytm Payments Bank to enable cardholders to have access to the safest way of making electronic payments.

Important takeaways for all competitive exams:

  • MD and CEO of Paytm Payments Bank Ltd: Satish Kumar Gupta.
  • Paytm Payments Bank Ltd Headquarters: Noida, Uttar Pradesh.

Find More News Related to Agreements

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Laura Wolvaardt Named ICC Women’s Player of the Month for December 2025

South Africa’s star batter and captain Laura Wolvaardt ended 2025 on a high note. After…

17 mins ago

Yemen PM Resigns, Foreign Minister Appointed as New Prime Minister

Yemen has witnessed a significant political development in January 2026. The country’s Saudi-backed leadership accepted…

42 mins ago

Which Indian City is known as the Venice of the East? Know the Reason Behind It

India has many cities that are famous for their beauty and special features. Some places…

56 mins ago

MS Dhoni Appointed Goodwill Ambassador for Pune Grand Tour 2026

India is set to make a historic entry into global professional cycling with the Pune…

1 hour ago

Female LFPR and WPR Hit Yearly Highs, UE Rate Remains Stable in December 2025

India's labor market showed encouraging trends at the end of 2025. According to the latest…

2 hours ago

Madhya Pradesh Signs MoU with Digital India BHASHINI to Boost Multilingual AI Governance

India’s push for inclusive and technology-driven governance received a major boost as Madhya Pradesh partnered…

3 hours ago