Paytm Payments Bank ditches RuPay cards, now issues Visa for cards

[Bapun]

Paytm Payments Bank Ltd (PPBL) today announced that it will now start issuing Visa debit cards to its customers. With this partnership, Paytm is targeting to issue over 10 million new digital debit cards in FY 20-21. The bank, known for introducing neo-banking in the country, is already the largest issuer of RuPay Debit Cards and has the fastest growing bank account base.

Paytm Payments Bank customers will be able to make international transactions using their Visa debit cards.

Paytm Payments Bank to now issue Visa debit cards