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Airtel Payments Bank: Fin inclusion, digital growth to drive payments bank momentum in India: Airtel Payments Bank CEO

Airtel Payments Bank CEO Anubrata Biswas is optimistic about the growth prospects of payments banks in India, driven by financial inclusion initiatives and rapid digital growth. Airtel Payments Bank has seen significant growth in users, revenue, and profits in FY24 and has nearly 500,000 banking points nationwide. The bank offers digital banking solutions and financial services targeting urban, rural, and business segments.

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Airtel Payments Bank launches soundbox for merchant partners across country, ET Telecom

The Business Banking Solution Suite combines the benefits of Airtel Payments Bank's current account and the ability to receive payments through a QR code with audible payment confirmation through the newly launched soundbox, along with a plan that provides complimentary insurance benefits, the company said. Further, the suite enables merchants to apply for loans from Airtel Payments Bank’s partners.

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Financial inclusion, digital growth to drive payments bank momentum in India: Airtel Payments Bank CEO, ET Telecom

Earlier this year, Airtel Payments Bank had cited a strong growth trajectory for the December 2023 quarter with revenues at Rs 469 crore, up 47 per cent year-on-year, while net profit stood at Rs 11 crore, up 120 per cent over the year-ago period.

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Financial inclusion, digital growth to drive payments bank momentum in India: Airtel Payments Bank CEO

Financial inclusion, digital growth to drive payments bank momentum in India: Airtel Payments Bank CEO
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Razorpay and Airtel Payments Bank Partner on UPI Infrastructure

Razorpay has launched its own Unified Payments Interface (UPI) infrastructure in partnership with Airtel Payments Bank. The new infrastructure, UPI Switch,…

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Interview: Gaurav Khatri, co-founder, Noise

Interview: Gaurav Khatri, co-founder, Noise
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Razorpay announces 'UPI Switch' in partnership with Airtel Payments Bank

Boosting success rates by 4-5 per cent, the solution is designed to handle up to 10,000 transactions per second (TPS) at any given time, according to a release.

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Razorpay 'UPI Switch' with Airtel Payments Bank to power 10K transactions a second

Fintech major Razorpay on Tuesday launched its own Unified Payments Interface (UPI) infrastructure with 'UPI Switch' -- a next-generation cloud-based innovation, in partnership with Airtel Payments Bank.Boosting success rates by 4 to 5 per ...

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Razorpay 'UPI Switch' With Airtel Payments Bank To Power 10K Transactions A Second

Razorpay 'UPI Switch' With Airtel Payments Bank To Power 10K Transactions A Second
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Razorpay launches UPI Switch in partnership with Airtel Payments Bank

Razorpay launches UPI Switch in partnership with Airtel Payments Bank
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