Airtel Payments Bank Revenue and Competitors

As India's first Payments Bank, we aim to give every Indian access to an equal, effective, and trustworthy banking experience. Airtel Payments Bank is a differentiated bank that provides essential financial services to its customers. In order to cater to the needs of the underserved and unbanked population in the country, our products are built as a solution to the problems posed by traditional banking – from long queues to endless documentation to inconvenient travelling. We aim to make banking simpler, more convenient, and more intuitive. With Airtel Payments Bank, you can: • Open a Savings Bank account at any of our 5 lac+ banking points • Get free personal accident insurance cover of Rs 1 Lac • Earn 2.5% rate of interest • Get an online debit card • Deposit & Withdraw cash at any Banking Point in your vicinity • Buy third party insurance products • Transfer money to any bank account in India through IMPS or UPI • Recharge prepaid mobiles/DTH & pay utility bills (electricity, water, gas, etc.) • Book bus & train tickets We also aim to make payments cashless and seamless, and that's precisely what you can do with Airtel Money, the digital wallet of Airtel Payments Bank. You can make online/offline digital payments, recharge your phone, pay utility bills, and much more with Airtel Money. The wallet provides you with an option to make simple, secure and quick payments through your phone. With Airtel Money Wallet, you can make digital payments at thousands of online & offline merchants through: • QR Code Scanning • Payment to a phone number • BHIM UPI • Merchant Initiated Payment We aim to provide a seamless banking experience to every Indian, including business owners (corporate, startups, SMEs). Our range of business solutions includes Salary Management Solution & Cash Management Solution.