Paytm launches Payments Bank; how does it work
 

http://img-s-msn-com.akamaized.net/t...6&q=60&o=f&l=fUnder the payments bank licence, Paytm wallet users will be transferred to Paytm Payments Bank unless the user **tifies otherwise. The amount can be transferred to his/her bank account after the user provides the name of the account holder, account number and IFSC code.

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