India Post Payments Bank opts for FSS payment stack
Bank is targeting rural households and SMEs in the country.
Bank is targeting rural households and SMEs in the country.
IPPB will operate via the India Post network of 155,000 branches and have 650 offices for back-end support.
India Post Payments Bank (IPPB) has launched and is rolling out pilot services in Raipur and Ranchi. IPPB is the third payments bank to be authorised in India, and follows on the heels of Paytm (launched last year) and Airtel (opened for business this year). IPPB’s chief executive officer, A P Singh, says: “The idea […]