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Mastercard will provide payment processing solutions to Airtel Payments Bank.
An online debit card has been launched to enable Airtel Payments Bank customers make digital payments at over 1 lakh online merchants.
Talking about the partnership, Shashi Arora, MD & CEO, Airtel Payments Bank, said: “Mastercard’s globally proven expertise and technology solutions will enable us to provide innovative, secure and convenient online digital payments solutions to our customers. We believe this partnership will contribute to our vision of serving customers with a differentiated banking model that provides them a simple and convenient form of merchant payments.”
Porush Singh, CountryCorporate Officer, India and Division President, South Asia, Mastercard, said, “We are delighted to partner with Airtel Payments Bank as their payments processor. This collaboration will enable Airtel Payments Bank to offer a safer, innovative and faster payments experience to its customers.”
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