Paytm to launch physical Visa debit cards

Tuesday 1 June 2021 10:01 CET | News

Paytm has announced that it will be launching a Visa physical debit card.

The company currently only offers physical cards by Rupay and virtual debit cards by Visa. Paytm informed that the physical Visa debit cards will allow customers to use them at over 5 million access and acceptance points. Furthermore, the tap to pay feature will also be present, allowing customer to make contactless transactions.

The Paytm Payments Bank has already issued over 4.5 million virtual debit cards, and has set a target to issue more than 1 million physical debit card by the end of the 2021 fiscal year.

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Keywords: Paytm, Visa, debit card, online payments
Categories: Payments & Commerce
Countries: India
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