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We have been recognized as The Best Digital Service Payments Bank

  • Post published:April 30, 2021
  • Post category:Bank / Stories

We are happy to share that we have won an award. The award ceremony was hosted by the ASSOCHAM National E-Summit to reward models of inclusive growth. In accordance with this, the mission of Paytm Payments Bank has always been financial inclusion.

We have been declared WINNER under the Digital Service with the Payments Bank category.

Paytm Payments Bank is different from other payments banks and here is why we received this coveted award.

The First Payments Bank to Offer Video KYC

Paytm Payments Bank has not only been offering the best e-KYC services to enhance the user on-boarding journey but also became the first payments bank to introduce Video KYC to its customers. Besides, the bank simplified the process and offers a user-friendly experience during Video KYC. To complete the zero-contact Video KYC process over a phone, all a customer needs is a:

  1. Smartphone
  2. Stable internet connection
  3. Aadhaar Card
  4. PAN Card

Paytm Payments Bank – Personalized Banking App

Paytm Payments Bank is hosted in the Paytm App. ‘Paytm Bank’ Icon in the Paytm App with a passcode helps users access digital banking facilities. The app is multilingual offering a personalized experience to all its users. And, the app is available in 11 regional languages to enhance the banking experience. Moreover, it allows the users to understand and operate various features of the bank in their preferred language.

Cutting edge technology

Paytm App is a smart app curated with cutting edge technology. To offer a customized experience to all its users, the app provides relevant offers like discounts, cashbacks, etc. Also, the app offers you a better visibility of all the services you use at the top.

Helping millions of people in India

Since our establishment in 2017, we continue to be a pioneer in digital payments. Today, we have become the largest beneficiary bank of UPI across urban, semi-urban and rural areas. We are also helping the government in making India an ‘Atmanirbhar’ nation. We are quite certain, more and more Indians will bank with us in the coming days and will enjoy 100% digital and paperless banking.  

(The ASSOCHAM Awards on Banking and Financial Leading Companies is a way to recognize and reward models of inclusive growth and sustainable development.)