- Under this partnership, both entities will provide the facility to the users to receive funds from their relatives living abroad.
- By doing so, the Paytm Payments Bank has become 1st digital wallet in the country to allow international remittances by accepting deposits from abroad.
- Also, the Ria Money Transfer (business segment of Euronet) has become the first money transfer company that will connect 333 million Paytm users.
- The partnership will prove beneficial to more than 3.6 billion bank accounts and 410 million mobile and virtual accounts in India.
- People abroad can now transfer money to Paytm wallet through the Ria Money Transfer app or website to India.
- The money transfer will take place in real-time with security features.
- Static Part:
- HQ of Paytm Payment Bank: Noida, UP
- HQ of Ria Money Transfer: California, US
Question:
a. PayPal
b. Airtel Payments Bank
c. PhonePe
d. Paytm Payments Bank
