Paytm Bank to Issue Visa Virtual Debit Cards

Published on March 18, 2020
Current context: Paytm Payment Bank Ltd (PPBL) has announced on 18th March 2020, that it will start issuing visa virtual debit cards to its customers.
Paytm Bank to Issue Visa Virtual Debit Cards
  • PPBL has said that it is targeting to issue over 10 million new digital debit cards in 2020-21.
  • The visa virtual debit cards to its customers will enable them to transact at all merchants accepting payments through cards.
  • It will make contactless payment through their chip-inserted cards.
  • Also, for the first time, the bank’s customers will also be able to make international transactions using the card.
  • The PPBL is currently the largest issuer of RuPay Debit Cards and has the fastest-growing bank account base.
  • CEO & Managing Director, Paytm Payments Bank Ltd: Satish Kumar Gupta
  • Headquarter: Noida, Uttar Pradesh

Question: 

Q.1 The CEO & Managing Director of Paytm Payments Bank Ltd is? 
a. Atanu Kumar Das
b. Satish Kumar Gupta
c. Mrutyunjay Mahapatra
d. Rajkiran Rai G

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