Big news for Paytm customers! Crores of customers will directly benefit from this decision

New Delhi. Paytm Payments Bank Ltd (PPBL) said on Wednesday that it will now Visa Virtual Debit Cards Will start issuing (Visa virtual Debit Cards). PPBL said that its target is to issue more than one crore new digital debit cards in the year 2020-21. The bank said in a statement that it is already the largest issuer of RuPay debit cards and has a rapidly growing bank account base.

Customers will also be able to do international transactions
Visa Virtual Debit Cards will allow its customers to make card payments at all merchants. The company said that for the first time the bank’s customers will be able to use their Visa debit card for international transactions.

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Facility to make contactless payment through chip card
The bank said that customers will soon have the option to request for a physical card. The bank said that this will provide the facility to customers to make contactless payments with their chip cards.

You can get life insurance along with car and scooter on Paytm.
Earlier, online Payment platform company Paytm Paytm Insurance Broking, a subsidiary of Paytm, has obtained brokerage license from the Insurance Regulatory and Authority of India (IRDAI). This license will allow the company to sell insurance products to millions of customers across the country. Through its 100 per cent subsidiary PIBPL, the company will now offer insurance products across four different categories including two-wheeler, four-wheeler, health and life. PIBPL has already tied up with 20 leading insurance companies in India and will be associated with more than 30 companies in the next few weeks.

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Tags: business news in hindi, Paytm, Paytm Mobile Wallet, Vijay Shekhar Sharma

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