Airtel Payments Bank
Airtel has only been allowed to use Aadhaar for re-verification and issuing new SIM cards. All usage of Aadhaar for opening new Airtel Payments Bank, wallet, DTH or any other purpose still holds suspended.
UIDAI found that Airtel had been discreetly creating Airtel Payments Bank accounts, and then transferring LPG subsidy into these a/cs, unknown to customers.
UIDAI took this drastic step after an investigation which found that Airtel had opened 31 lakh Airtel Payments Bank accounts without users' express consent!
The partnership will give Airtel Payments Bank access to over 100 million users on Hike & will help Hike Wallet to enable easy online transactional services
This latest Airtel 4G smartphone will offer bundled calling & data plans like the previous one. Airtel says that they have more such bundles in the pipeline
Airtel has been steadily adding customers to their Payments Bank. However, many have complained that Airtel opens their bank account unethically. UIDAI has now sent a notice to Airtel in this regards
Paytm Payments Bank (PPB) has partnered with National Payments Corporation of India (NPCI) to launch their very own RuPay powered Paytm Digital Debit Card.
This is a question of ethics, more than legality. This is about brutally destroying your customer’s trust, in order to romp up random numbers. This is wrong, and this has to stop. An Airtel user from Sirsa, Haryana has alleged…
Airtel Payments Bank has decided to jump into the lucrative financial products niche and will be soon selling mutual funds and insurance policies. As of now, Airtel Payments Bank has 2,50,000 banking points across India and…
Airtel is the first company in India to launch its payments bank, and Paytm is soon going to as well. Third in the line, India Post has received the payments bank license from the Reserve Bank of India(RBI) to start its commercial…