The concept of Paytm payments bank is quite good which helps the indian users to do digital transaction in a matter minutes. By UPI ( Unified payment interface) one can send money using paytm payments bank or simply through paytm wallet to others in their paytm wallet or paytm payment banks or you can transfer payment using different different banks also their is no transaction fees and it is fully free transaction without any charges. It is better than the previous transactions of internet banking which allows us to do the transaction in working hours only and even through NEFT or IMPS service which even charges sometimes.
Even paytm payments bank provides us the virtual debit card to shop online which is a visa card of Paytm payment bank which help us alot nowadays. And we order also this visa card by paying only 125 rupees to paytm and the visa card will be delivered in 2 to 3 days which is a platinum card. Using Paytm payments bank we can do upi transaction to earn extra money for doing transaction as paytm launches all the time.
But still sometimes the upi transaction seems to be failed because of server issue of paytm website or app. And paytm payments bank provides us to do a fix deposit for a particular period of time of which it gives us some interest at their interest rates which is similar to another banks.
Paytm payments bank is like the other banks but the difference is only that it is a virtual bank and do not have branches like other banks in a particular area otherwise everything is same.
If this review is helpful for you so like and share with your friends and family members.