Paytm Payments Bank app launches, 4.3 million users will benefit

Paytm Payments Bank app launches, 4.3 million users will benefit


Paytm Payments Bank app launches, 4.3 million users will benefit


Paytm Payments Bank Mobile Wallet service provider Paytm has launched a dedicated App Paytm Payments Bank for its Payments Bank users separately. This app has been launched for Android and IOS users. The Paytm Payments Bank service was launched in 2017, however, at the time it was aggregated only through the Paytm mobile wallet app. According to company claims, At present, the Paytm Payments Bank has 4.3 million subscribers of 43 million After the launch of this app, the customer will be able to get the services of his Paytm Payments Bank such as passbook, debit card view, mobile banking etc. through this new dedicated app.


With the launch of a dedicated app of Paytm Payments Bank, users will now be given separate support for mobile banking assistance. Earlier users had to use the same app for Paytm Payments Bank and Paytm Mobile Wallet. Users can download this app from their Android's Google Play Store and IOS App Store. Talk about the Paytm Payments Bank app's features, then users can view their account balance through app. In addition they will also be able to access their digital debit card. 24x7 customer support will also be provided to Paytm Payments Bank users. Paytm also made it clear that if a customer wants to use the old app then he will continue to get the services of Paytm Payments Bank on the old app.



The service of Paytm Payments Bank began May 2017, and since November 2017, the company has started offline KYC for users. In this service, customers are given a virtual or digital debit card which is used for online transactions. Last year, Petty started a service like Fixed Deposit in partnership with IndusInd Bank, in which users are given annual interest of 8 percent. Typically, when paying money in the Paytm Payments Bank, customers get annual interest of 4 percent.

Paytm Payments Bank app launches, 4.3 million users will benefit

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