Airtel Payments Bank partners with Axis BankAXISBANK - 1018 Change: 3.80 (0.37 %)
News: Airtel Payments Bank has partnered with Axis Bank, to digitise the cash collection system in India’s tier III cities and semi-urban regions. Airtel Payments Bank will leverage the extensive reach of its digital-led neighbourhood banking model to support Axis Bank with the digitisation of last-mile cash collections.
Views: This partnership with Airtel Payment Bank is a further step towards digitisation, offering greater convenience and faster solutions to its customer base in the semi-rural regions. This will help Axis Bank to build operational efficiencies in the cash management process and expected to speed up the payment cycle and help in releasing the bandwidth of field agents who operate across the country.