Paytm Payments Bank launches mobile banking app for Android users

“Paytm Payments Bank mobile banking app lets users check their balance, raise a request for physical debit cards, access digital debit cards, and more”

Paytm has launched a mobile banking app for its Payments Bank. The app offers users a quick, and secured access to their bank account on the go. It has a simple navigation and will enable customers to check their balances, raise a request for physical debit cards, access digital debit cards, and more.

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Paytm says that customers can also receive 24X7 help and support through this new mobile banking app. The Paytm Payments Bank, which launched in May 2017, has over 43 million saving bank customers to date. The PPBL debit card has an inbuilt security feature that you can enable and disable with a single tap in the app to protect it against misuse.

Regarding the new app launch, Satish Kumar Gupta, MD & CEO Paytm Payments Bank, said, “The new app has been introduced exclusively for its bank’s customers to provide a wide range of banking services in a phased manner. The purpose of the new app is to segregate its operations from the existing app which caters to customers of several group entities. However, PPB customers will continue to serve its customers on its older app should its customers desire so. Both apps will co-exist.”

The new Paytm Payments Bank mobile app, as said will help users know their balance, get in touch with support, raise a request and more. The company says the app is already available to download for Android, though a search of Google Play Store does not give any relevant results for the same. It will shortly be available on the Apple App Store as well, Paytm says.