Airtel Payments Bank, a payments bank licence holder, after tasting success in handling payments for Bescom (a power supply company in Karnataka), is now looking to handle more such government-to-consumer (G2C) payments.
“We have approached the State government to take up BWSSB, BBMP and other government digital payments made by consumers,” C Surendran, CEO-Karnataka, Bharti Airtel, told BusinessLine.
The payments bank, following its launch in December last year, has made rapid strides in areas where bank branches or ATMs are not present. The company is also targeting its 23 million Airtel mobile users.
“Airtel Payments Bank has a base of around three lakh customers, mainly in rural areas, and we are aggressively making are presence felt in urban areas,” said Surendran.
After three months of operations in the State, “we have 70,000 merchant establishments and 25,000 retailers as banking points,” he added.
Airtel Payments Bank is currently utilising the parent company Bharti Airtel’s infrastructure and touch points, especially to receive payments. – The Hindu Business Line