Digital banking has become an essential aspect of our daily lives, providing a convenient means of financial transactions. However, it has also led to a surge in cybercrimes and online frauds. To tackle that, Airtel Payments Bank is offering the digital banking account that keeps your money secure.
As the world rapidly moves towards a digital future, the banking system is following suit. According to a report by Global Data, e-commerce digital payments in India are projected to surpass USD 120.3 billion by 2025, showing a Compound Annual Growth Rate (CAGR) of 18.2% between 2021 and 2025. The ease and convenience of digital payments have made them the preferred choice for many.
However, this shift has also exposed users to the risk of cybercrimes and online fraud, as evident from the latest figures compiled by the Reserve Bank of India (RBI).
Card and internet frauds surged to an alarming $1.55 billion in the year ending March 2022, compared to $1.19 billion in the previous year.
In light of these alarming statistics, it is crucial to exercise caution while embracing the world of digital banking and select a reliable platform to keep your money secure. Here are a few of the benefits that you can take advantage of.
Control your Money
With the rise of cybercrime and fraudulent activities, it is important to take precautions to safeguard your financial transactions. That’s where Airtel Payments Bank comes in.
Every digital account with Airtel Payments Bank now includes the added security of Airtel Safe Pay. This feature ensures an extra layer of security for every transaction, helping you stay safe against potential threats.
With Airtel Safe Pay, an additional step of verification is added to the process, and you receive real-time confirmation alerts to your mobile number through Airtel Network Intelligence. By utilizing Airtel Safe Pay, you can rest assured that your financial transactions are secure and protected from fraud.
Say Goodbye to Long Queues and Mountains of Paperwork
Airtel Payments Bank is changing the game with a truly digital banking experience. With the ability to transfer money from anywhere, you can pay bills and more with just a few clicks.
The interactive and intuitive user interface allows for seamless navigation through the features of the digital account, creating a hassle-free banking journey.
Opening an account with Airtel Payments Bank is a breeze, and entirely paperless. In just a couple of minutes, you can complete the entire process through a simple video call, eliminating the need for an in-person visit.
More than Just Banking
Airtel Payments Bank has stepped up its game in the digital banking sector by offering customers more than just a regular bank account.
Along with convenient banking solutions, an account with Airtel Payments Bank presents an opportunity for customers to invest their savings smartly and earn maximum returns.
Customers can choose to invest in fixed deposits, in association with IndusInd Bank, at an interest rate of up to 7.5 percent. Another investment option is Digi Gold, where customers can purchase 24K/99.50% pure gold, which is securely stored in a Brinks vault.
Benefit from the Rewards Program
Moreover, Airtel Payments Bank is also rewarding its customers for everyday purchases, making it stand out.
The Rewards123 program offers exciting cashback benefits, discounts, and offers to customers each time they make a transaction with their Airtel Payments Bank account.
Customers can also send eGift cards to their loved ones and claim post-transaction rewards on these. With such features, Airtel Payments Bank is becoming the preferred banking partner for customers looking for more than just basic banking services.
Thanks to Airtel Payments Bank, banking has never been more accessible or convenient. Whether you’re on the go or enjoying a lazy day at home, managing your finances has never been easier.
You can easily safeguard your finances with the digital banking account that keeps your money secure all thanks to new-age services and innovative benefits.