Paytm has announced the launch of Physical Visa Debit Card after the success of Visa Virtual Card. Through this, customers can easily make payments anywhere in the country and abroad.
Physical visa debit card
Paytm Payments Bank Limited (PPBL) will soon be issuing Physical Visa Debit Card for its customers. Through this, customers will be able to do shopping or other things including transactions. Paytm has decided to launch this new card service in view of the popularity of Visa Virtual Debit Card. A target has been set by Paytm to issue more than 10 lakh cards by the end of this year. It is known that before this, Paytm started the Virtual Visa Debit Card. So far, more than 4.5 million virtual cards have been issued by the bank.
Satish Kumar Gupta, CEO and Managing Director of Paytm Payments Bank Limited, says, “We are proud to bring a new physical debit card with our partner Visa. This is a special step taken to democratize the digital financial system in the country. Through this card, customers will be helped in other payment arrangements including making purchases. This partnership also allows millions of our customers to conduct international transactions and avail Visa Debit Card. ”
TR Ramachandran, group country manager of Visa Company, India and South Asia, expressed happiness over the launch of this new card in association with Paytm. He said, “Visa offers a simple, convenient, ubiquitous way of making payments to debit card customers globally. This physical debit card will allow customers to use more than 5 million Visa approved services. Through this, there will also be the benefit of tapping and paying for contactless transactions. “
Feature of physical visa debit card
1. The entire process has been digitized on behalf of PPBL through this debit card
It will be easier to use.
2. Through Paytm Payments Bank section, customers can not only apply for this card, but can also set their PIN after receiving the card.
3. This card not only offers its customers many facilities under Visa. Rather, through this you can make international payments. It comes with features like ‘tap-and-pay transaction’.
4. This new card can be used easily all over the world.