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Airtel payment bank anta - evarikina telusa


Merabharathmahan

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45 minutes ago, Merabharathmahan said:

Is it bank or what it is exactly. India lo start ayindanta. Online banking and easy convenient ga operate cheyyochanta 

It's just a govt rule that companies like paytm, airtelmoney have to be registered as banks if they cross certain amount of money in transactions ...

 

They can't function as actual banks , they cannot collect money and give interests or give finance to people ... 

 

Once they get registered as banks , People will only be able to send and receive higher amounts of money through these payment gateways, Some stupid govt rule that's it , 

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1 hour ago, BUDDY said:

It's just a govt rule that companies like paytm, airtelmoney have to be registered as banks if they cross certain amount of money in transactions ...

 

They can't function as actual banks , they cannot collect money and give interests or give finance to people ... 

 

Once they get registered as banks , People will only be able to send and receive higher amounts of money through these payment gateways, Some stupid govt rule that's it , 

Airtel Bank gives Interest of 7.25% on savings account...

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