Leading India digital bank to offer international remittances

clock • 1 min read
Leading India digital bank to offer international remittances

India digital only bank Paytm Payments Bank (PPB) is to expand into facilitating cross-border as well as domestic remittances. The bank's CEO said that the new umbrella entity (NUE) proposed by PPB and other investors, will change the pace of digital payments in the country, if approved. Speaking to the Times of India, the bank's managing director and CEO Satish Kumar Gupta said it had become the largest enabler of digital transactions in India at 970m in March 2021. It had also beco...

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