Paytm Payments Bank

[Sushubh]

lol. bank itself can hold only rs. 1 lakh at the end of the day. if you keep more money, they move it to a fd.

 

[webie]

Their FD is not bad from indusind bank.

 

[socrates]

Paytm Payments Bank Ditches RuPay, Joins Visa; Will Issue 1 Crore Visa Debit Cards ?With International Usage!

Paytm Payments Bank Ditches RuPay, Joins Visa; Will Issue 1 Crore Visa Debit Cards ?With International Usage!?Paytm, which is India’s largest issuer of RuPay cards, has stunned everyone ditching RuPay and opting to partner with Visa.In a move which w

trak.in

 

[Navjot Singh]

As per some reports coming in, the issue of Zero MDR for RuPay cards burnt a hole in the pockets of the card issuer such as Paytm Payments Bank, and their source of revenue decreased dramatically.

 

[amish]

Lets have front page advertisement about this highlighting big photo of Narendra Modi.

 

[Realme]

I personally believe that Zero MDR should be a thing if they want to move people to digital but zero MDR should only be brought when there is a government/multi-party independent not-for -profit transaction handler with massive backend support rendering Paytm or any other "sole" payment merchant a fancy GUI with UX/usage perks.(In a simpel view, things might be more complicated than that)

 

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[Sushubh]

Source


Wait. They didn't support remittance until now?

 

[amish]

Taking Binod next level!

 

[minuteman]

RBI imposes ₹1 crore penalty on Paytm Payments Bank

The central bank also imposed a fine of over ₹27 lakh on cross-border in-bound service operator Western Union Financial Services Inc (WUFSI)

www.livemint.com

 

[Navjot Singh]

Time to ban Western Union next? Coz that seems to be the RBI's favorite job these days.

 

[Sushubh]

Source


Source

 

[Jonas]

I was making a payment using Paytm bank today at the fuel station and after putting in the code, rather than making the payment it initiated UPI reset (which I never set in the first place for Paytm bank). Leaving me with no option but to use some other bank to make the payment via UPI. Bear in mind that it actually worked half an hour before all this to make a Rs. 20 payment.

I was trying to avoid small charges on my statement by using the balance I have in my Paytm bank account. 🤷

 

[Sushubh]

RBI imposes Rs 5.39 crore penalty on Paytm Payments Bank

Mumbai, Oct 12 (PTI) The Reserve Bank of India on Thursday said it has imposed a penalty of Rs 5.39 crore on Paytm Payments Bank Ltd for non-compliance with certain provisions, including Know Your Customer (KYC) norms.

www.deccanherald.com

 

[Sushubh]

Paytm Payments Bank halts int’l transactions on debit cards

Paytm Payments Bank has announced that it will be temporarily disabling international transactions on debit cards.

entrackr.com