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Airtel Payments Bank is an Indian payments bank with its headquarters in New Delhi.[3] The company is a subsidiary of Bharti Airtel.[4] On 5 January 2022, it was granted the scheduled bank status by the Reserve Bank of India under the second schedule of RBI Act, 1934.[
Airtel Payments Bank is an Indian payments bank with its headquarters in New Delhi.[3] The company is a subsidiary of Bharti Airtel.[4] On 5 January 2022, it was granted the scheduled bank status by the Reserve Bank of India under the second schedule of RBI Act, 1934.[
Digital payments
Digital payments
In September 2017, Airtel Payments Bank launched UPI enabled digital payments to facilitate secure digital payments. Customers need to link their bank accounts on BHIM before they can make UPI payments. For UPI-based payments and transfers, customers are not required to furnish their bank details to enable transactions.[13]
Airtel Money is a digital wallet by Airtel Payment Bank that allows users to make payments using "Airtel Thanks App" or USSD.[14]
It also provides products like a savings account where customers can be onboarded digitally, adhering to video KYC norms.[15]
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