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Airtel Payments Bank announces Rewards123 savings account; offers benefits on digital transactions

Airtel Payments Bank announces Rewards123 savings account; offers benefits on digital transactions SECTIONS Last Updated: Apr 09, 2021, 04:35 PM IST Share Synopsis Customers can get Rewards123 at an annual fee of Rs 299 and avail benefits ranging from certain cashback per month on payments for prepaid recharges, post-paid, broadband, landline, and DTH bill payments, load money benefits and shopping rewards. Agencies Other benefits include zero minimum balance, and free Platinum Online Mastercard Debit Card. Airtel Payments Bank on Friday announced its new savings account Rewards123 that offers benefits and value to customers when they transact digitally using the bank account.

Airtel Payments Bank Adds Third Layer Authentication For Net Banking

BW Businessworld Airtel Payments Bank Adds Third Layer Authentication For Net Banking Airtel Safe Pay is completely free of charge and can be activated through Airtel Thanks app home screen or from the banking section, Photo Credit : Airtel Payments Bank on Wednesday said it has added third layer of authentication, Airtel Safe Pay, based on network intelligence to prevent online banking frauds for its customers. At present, banking companies use double factor authentication, which includes online banking password and a one-time password that is sent through SMS on registered mobile number. As digital payments become the norm, especially in the post-pandemic world, we also have to solve for the challenge of frauds that are growing rapidly.

Airtel Payments Bank launches Airtel Safe Pay

Airtel Payments Bank launches Airtel Safe Pay ​ By IANS | Published on ​ Wed, Jan 20 2021 14:12 IST | ​ 0 Views   SC stays Delhi HC order on Bharti Airtel claiming Rs 923 cr GST refund. Image Source: IANS News New Delhi, Jan 20 : Airtel Payments Bank on Wednesday launched Airtel Safe Pay , with a view to protect its customers from online payment frauds. With Airtel Safe Pay , Airtel customers making UPI or netbanking-based payments through Airtel Payments Bank, no longer have to worry about money leaving their accounts without their explicit consent, Airtel Payments Bank said in a statement. The new solution for safe transactions leverages Airtel s strength of network intelligence to provide an additional layer of payment validation compared to the industry norm of two-factor authentication, it added.

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