Published on 9/01/2018 4:43:53 PM | Source: Arihant Capital Markets Ltd

Stock Talk - Indusind Bank and Paytm payment bank Partners - Impact Positive - Arihant Capital

Posted in Broking Firm Views - Short Term Report| #IndusInd Bank Ltd #Banking Sector #Trading Report #paytm #Arihant Capital Markets Ltd

Indusind Bank and Paytm payment bank Partners - Impact Positive

* Paytm Payments Bank has now partnered with Induslnd Bank to introduce a facility that creates a  fixed deposit when customer balance exceeds $16K (INR 100K) at the end of day.

* The bank is offering 6.85% Annual Interest on FD with no pre-closure charges.  

IndusInd Bank and Dynamics introduce India's first battery-powered interactive payment card - Impact Positive

* The new IndusInd Bank card from Dynamics has multiple buttons that let the consumers use a single card to pay in multiple ways. With a touch of a button consumers can select credit, points or monthly instalments as payment option. A different colour light will activate based on the selected payment option.

* The solution requires no changes to the payment infrastructure or merchant systems. A consumer can pay using points or instalment anywhere MasterCard is accepted.

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