Airtel bank eyes fourfold rise in Safe Pay users
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Security feature can stop fraud: Biswas
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Security feature can stop fraud: Biswas
Airtel Payments Bank plans to grow the user base for its recently-introduced Airtel Safe Pay by fourfold, said a top official.
“We launched Airtel Safe Pay during January 2021 and within one month, we got a quarter of a million users,” said Anubrata Biswas, MD and CEO of the bank.
Safe Pay is a security feature that can be availed by Airtel Payments Bank Savings Account customers with an Airtel Mobile number linked to the account. It provides an additional real-time alert to the customers at the time of an UPI or net banking transaction right before the debit of the customer’s account. The debit will only happen when the customer approves the transaction. It is the third factor authentication along with the current process of two-factor authentication.