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

John Ternus Takes Over as Apple CEO From Tim Cook

Apple is set to have leadership change from September 1st, 2026, when John Ternus succeeds…

2 minutes ago

India Notified Semicon 2.0 With Major Semiconductor Investment

The Government of India has notified the launch of the Semicon 2.0, wherein the government…

32 minutes ago

GST Collections Rise 14.8% to Nearly ₹2 Trillion in August

As per data released by the Ministry of Finance on September 1. The strong annual…

1 hour ago

ISRO to Launch GSLV-F17 With EOS-05 Earth Observation Satellite

ISRO will be launching the GSLV-F17 rocket that will take the EOS-05, the most advanced…

2 hours ago

INS Nipun Commissioned Into Indian Navy, Boosting Underwater Rescue Capability

INS Nipun, the second ship in the Nistar-class Diving Support Vessel (DSV) family, was launched…

2 hours ago

Sone River Water Sharing Agreement Signed Between Bihar and Jharkhand

An agreement was signed between the states of Bihar and Jharkhand on sharing of water…

3 hours ago