Airtel Payments Bank Puts Up 700 Outlets At Kolkata Book Fair

If you happen to visit the ongoing Kolkata Book Fair, you must have seen the Airtel Payments Bank outlets there that are set up to facilitate digital payment of books purchased during the fair. Airtel has partnered with Publishers & Booksellers Guild – Kolkata to be the exclusive digital payments partner for the event.

Airtel Payments Bank will offer visitors to the Kolkata Book Fair the convenience to make secure and convenient cashless payments for books purchased across the 700 plus outlets at the Fair. These outlets will accept digital payments from Airtel Payments Bank customers over mobile phones.

Airtel Payments Bank has also set up helpdesk kiosks at Kolkata Book Fair, Milan Mela premises to facilitate opening of new accounts by customers in a few minutes. The account opening requires no documents and only the customer’s Aadhaar number is needed for e-KYC. The customer’s mobile number will be his/her bank account number and an interest rate of 7.25 % p.a. is being offered on deposits in savings accounts. One minute of Airtel mobile talktime for every Rupee deposited at the time of opening a savings account. Free Personal Accidental Insurance of Rs. 1 Lac is also given with every Savings Account.

What’s more, while enjoying the convenience of digital banking on their mobile with attractive interest rate and free insurance, customers can make cashless purchases across a wide range of merchants over their smartphones (MyAirtel App) and feature phones (USSD).

To encourage the adoption of cashless payments, Airtel Payments Bank will not charge any processing fee from its customers and merchants partners for digital transactions.

“With an average footfall of 2.5 million every year, the Kolkata Book Fair is an ideal platform to promote the option of digital payments amongst visitors as well as participating merchants. Airtel Payments Bank is pleased to partner the Fair and invites customers to transact digitally using its payments solutions,” said Vir Inder Nath, CEO – West Bengal & Odisha, Bharti Airtel.

Airtel Payments Bank has launched a Merchant App for digital onboarding of shopkeepers and merchants. Anyone looking to become a merchant partner can download this app from Google Playstore for free and start accepting digital payments instantaneously.

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