Paytm Payments Bank: Building a Truly Digital Bank
11 April 2019
Zilvinas Bareisis
Winner of Celent Model Bank 2019 Award for Beyond Banking
Abstract
Celent recognizes Paytm Payments Bank (India) as the winner of Model Bank 2019 Beyond Banking Award for their initiative Building a Truly Digital Bank for India.
Paytm Payments Bank (PPB) is India’s only mobile-first bank with zero balance and zero digital transaction charge accounts and has become one of the most popular payments banks in the country with 42 million savings accounts. The PPB is also going beyond banking by creating a digital ecosystem to offer a better life for the digitally savvy population, the unbanked and the underbanked.
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Insight details
Industry
Insight Format
Reports
Geographic Focus
Asia-Pacific, EMEA, LATAM, North America