Fintech startup Paymart has partnered with 5 Indian banks to offer its innovative virtual, cardless, and hardware-less cash withdrawal service.
Banking & Finance
Fintech startup Paymart has partnered with 5 Indian banks to offer its innovative virtual, cardless, and hardware-less cash withdrawal service. Paymart has partnered with five prominent banks, including IDBI Bank, Indian Bank, Jammu & Kashmir Bank, and Karur Vyasa Bank, to roll out this service nationwide. The startup plans to launch pilot programmes with its partner banks in February/March, with a phased nationwide rollout slated for April/May 2024. It successfully piloted the virtual ATM service with IDBI Bank for over six months.
The company is also in advanced discussions with four additional banks for further collaboration.
Paymart India Private Ltd
HQ- Chandigarh; Founded- 2015
Founder and CEO- Amit Narang
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