Payments banks will target customers ready to pay for services
Tuesday, 12 January 2016 - 13:48:54
It’s a transformational journey for us, from being a business correspondentfor the last 10 years to a payments bank, says Rishi Gupta
Fino Paytech will name its bank ‘Fino Payments Bank’, which plans to start operations in 2016 and is expected to break even in three to four years, Rishi Gupta, managing director and chief executive officer, tells Manojit Saha in an interview.
FINO PayTech was chosen by UIDAI to demonstrate the tech enabled payment mechanism at the national launch of Aadhaar-based service delivery.