Axis Bank and PayNearby partner to launch Savings and Current Bank accounts
Axis Bank, India’s third largest private sector bank has partnered with PayNearby,
India’s largest branchless banking and digital service network, to offer seamless opening of savings and current bank accounts for both last mile retailers and customers.
Enabled by Aadhaar led authentication (eKYC)
the opening of these bank accounts at a nearby local store will ensure easy access, greater convenience and a hassle-free process for customers
This initiative will enable Axis Bank to leverage PayNearby’s tech-backed Distribution-asa-Service (DaaS) network of 50+ lakh micro-entrepreneurs across 20,000+ PIN codes
This initiative will enable Axis Bank to leverage PayNearby’s tech-backed Distribution-asa-Service (DaaS) network of 50+ lakh micro-entrepreneurs across 20,000+ PIN codes