Seems like very fascinating but it’s true, all Paytm registered user will soon get interest on their money exist in paytm wallet.
Now Paytm is going to become your digital bank by adding financial services which any bank provides. Not only Paytm gives you interest on your money but also provides a debit card, bank account, and chequebook.
Some key points
- You don’t need to do any think additional to use improved features.
- Your money is still in Paytm wallet.
- Paytm wallet is upgraded.
Some behinds you must know about
Paytm is own by One97 Communications Ltd. and Paytm wallet is also a product of one97 communications. Now, PPBL comes in the mainstream. Paytm Payments Bank Limited (PPBL) is 51% owned by Vijay Shekhar Sharma & 49% ownership is with One97 Communications Ltd.
You all money in the wallet is now transfer to PPBL in form of payment bank where you will get financial services like a debit card, bank account, and chequebook.