Paytm Unveils Payments Bank,Targets 50cr Customers By 2020

2017-05-23 0

Fintech company Paytm on Tuesday unveiled its payments bank becoming the first one to offer cashback on deposits. It aims to become the preferred bank for 500 million Indians by 2020.

Customers will also be offered zero charge on all online transactions and there would be no minimum balance requirement, the firm said in a statement here.