In March 2021, Paytm Payments Bank 970 million digital transactions

Paytm Payments Bank state that they registered over 970 million digital transactions in March Month, 2021. Transactions include Paytm Wallet, Paytm FASTag, Paytm UPI and other internet banking services. 

Paytm Payments Bank Ltd (PPBL) Opens an average of 1 million savings and current accounts in a month. Currently, they hold 64 Million accounts and its total deposit by the consumer have crossed over ₹3200 crores. It’s a rapid growth of the company.

9 Million users are using Paytm FASTags services, the registration process of Paytm FASTag is user friendly and fewer documents required at the time of registration. FASTag users can pay through Paytm wallet as well as other payment option too. PPBL company started a cashless payment option at 270 toll plazas.

Satish Kumar Gupta, CEO and Managing Director, Paytm Payments Bank Statement: “Our leadership in digital banking and payments is a testimony to the trust that the whole country has shown in our services. We will continue to empower more merchants across the country to join the digital payment ecosystem and benefit from our innovative and personalized offerings,”

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Manjula Gupta: Manjula Completed her graduation in Media from California. Later she was Content head and manages many top online publish network content platforms. At Ohofeed she manages our content publication work in all niches.
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