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Airtel Payments Bank is an Indian payments bank with its headquarters in New Delhi. [3] The company is a subsidiary of Bharti Airtel . [ 4 ] On 5 January 2022, it was granted the scheduled bank status by the Reserve Bank of India under the second schedule of RBI Act, 1934 .
Airtel Africa plc is a British company that provides telecommunications and mobile money services in 14 countries in Africa, primarily in East, Central and West Africa. Airtel Africa is majority owned by the Indian telecommunications company Bharti Airtel .
The Airtel Money platform is a primary contributor to financial inclusion and a key point for financial inclusion with over 5 million customers as at 31 March 2018. Airtel Uganda launched Mobile Commerce in 2012.
Paytm Payments Bank and Airtel Payments Bank together command over 88% of the deposits in payment banks in India in 2018. According to the Reserve Bank of India 's report on ‘Trend and progress of Banking in India 2017-2018', the payment banks reported losses in the financial year 2017-2018, after a weak performance in the FY 2016-17.
Airtel has started a new mCommerce platform called Airtel Money in collaboration with Infosys and SmartTrust (now Giesecke & Devrient). The platform was launched on 5 April 2012, at Infosys' headquarters in Bangalore. Using Airtel Money, users can transfer money, pay bills and perform other financial transactions directly on the mobile phone. [49]
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In 2015, he became the CEO of Airtel Money Services Limited, which was later renamed Airtel Payments Bank. [5] Khera was named a Young Global Leader in 2011 by the World Economic Forum. [6] Khera is the founder and Chief Executive Officer of the Financial Inclusion Network and Operations (FINO).
Airtel Tanzania is the market leader with a 38% market share. [85] Uganda: airtel Uganda: Airtel Uganda stands as the No. 2 operator with a market share of 38%. [85] Zambia: airtel Zambia Airtel Zambia is the second market leader in Zambia with a 40% market share of the mobile network sector. [91] Channel Islands † : Jersey Guernsey: Airtel ...