Paytm will expand banking services, 1 lakh ATMs will open in the country - iTOP News

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Tuesday 5 December 2017

Paytm will expand banking services, 1 lakh ATMs will open in the country



New Delhi. Patiala Payments Bank is planning to open 1 lakh ATMs across the country. These outlets will be opened with the name of Peti's ATM. From PetiMem Payment Bank.This will allow customers of PetiMemment Bank to transact from their own platform. The help of Local Banking Correspondent will be taken for this. To deposit money to these Correspondent customers

3000 outlets will open in the first phase

In the first phase, such a 3000 'Petty ATM' will be opened, which will be in cities like Delhi NCR, Lucknow, Kanpur, Allahabad, Varanasi and Aligarh.The company has already said that to increase the offline distribution network, it will spend more than 3000 crores in the next 3 years For this, cash-in-ear cash out points will be established with the help of local partners.

Millions of people have the advantage to

PetiMay Payments Bank MD Nenu Satti says that ATM Banking outlet aims at getting the benefit of banking facilities to every Indian.They say that this will give our customers the convenience of visiting their neighborhood outlets and opening a savings account and depositing cash and Can get rid of He said that it is expected that this banking model will be able to provide good banking facilities to millions of people far away from banking services ...


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