Paytm Payments Bank becomes the largest enabler of digital transactions, registers lead in Wallet, FASTag, UPI, Bill Payments & Domestic Money Transfers
by Samiksha - Becomes India's first Payments Bank to achieve 970 million digital transactions in March 2021 - India's largest digital banking service provider with 64 million bank accounts, deposits over Rs 3200 Crores - Ahead of all Indian banks in terms of users' preference to receive UPI payments - Largest UPI beneficiary bank with over 99.96% success rate and rapidly gaining traction as a remitter bank, as per NPCI report - Paytm Wallet strengthens its position as the strongest digital payments service with 325 million wallets - PPBL leads the largest issuer of FASTags preferred by over 9 million electronic toll tags sold across the country India’s homegrown Paytm Payments Bank Ltd (PPBL) has today announced that it has become the top enabler of digital payments in the country by registering over 970 million digital transactions in the month of March 2021. This achievement has been led by the growth in transactions on Paytm Wallet, Paytm FASTag, Paytm UPI, and internet ...