Paytm Payments Banks to release Visa’s physical debit cards, target to add 4.5 million customers in FY22

Currently Visa’s virtual debit cards are issued to customers.

Paytm Payments Bank will launch the physical debit cards of Visa. Even today, Paytm Payments Bank issues physical debit cards but it is of rupees. Apart from this, Visa’s virtual debit cards are also issued to customers at this time. Through Visa’s physical debit cards, customers will get the facility to shop at 5 million Visa acceptance points. Apart from this, they will also be able to use contactless transactions through tap and pay.
Paytm Payments Bank has already issued more than 45 lakh virtual debit cards and now it is targeted to issue 10 lakh physical debit cards by the end of this financial year 2021-22. Paytm has released most of the Rupees Debit Cards in the country.

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Here’s how to apply for Visa’s physical debit cards

One can apply for the physical card through the Paytm Payments Bank section of the Paytm app. After getting the card, you can set its PIN once. Customers can avail Visa Offers through this debit card. Apart from this, you can also take advantage of features such as international payments and tap and pay transactions.

Paytm plans to raise Rs 22500 crore from market, in preparation for country’s largest IPO

Paytm is preparing to bring the country’s largest IPO

Paytm, the country’s largest digital payment company, is now preparing to launch an IPO. According to a report by the news agency Bloomberg, Paytm’s IPO can be worth $ 300 million, or about Rs 22,500 crore. That is, the company wants to raise 22,500 crore rupees from the IPO’s JA market. After this, its valuation is expected to increase to 25-30 million dollars, or 2.25 lakh crore rupees. Please tell that Paytm was founded in the year 2010. Its founder is Vijay Shekhar Sharma.

(Article: Surbhi Jain)