Top Alternative of Paytm Payments Bank?

Banking
1

I’m currently a third-year undergraduate student, and my financial setup involves managing two bank accounts - one with HDFC and the other with Paytm Payment Bank.

My dad sends me money each month through Paytm, and that’s what I use for my day-to-day expenses.

HDFC account in my name, is primarily utilized for my dad’s business needs.

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Now, with the recent announcement of Paytm closing its services related to the Payment Bank, I find myself in a bit of a predicament.

I’m reaching out for advice.

Can anyone suggest a suitable alternative for me to seamlessly continue managing my finances and daily expenses?

Your guidance would be greatly appreciated. Thank you!

2

I switched to Airtel Payments Bank. It’s very similar to Paytm Bank.

3

Jio payments bank is also good replacement for Paytm. No minimum balance required and everything can be done online. Give it a try!

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1 Like
4

I think PhonePe , GooglePe will help you mostly .

As alternative DBS bank will be good .

Plus paytm e-comm business name change as Pie Platform .
Lets see how it Plays out.