Latest News | PSBs Onboard 2.9 Cr Account Holders on Digital Payment Modes Since Aug 15

New Delhi, Nov 4 (PTI) The finance ministry on Wednesday said public sector banks (PSBs) have on-boarded about 2.9 crore customers on digital payment modes since the launch of the 'Digital Apnayen' campaign on August 15.

The campaign, aimed at encouraging customers to use digital banking channels, was launched under the aegis of the government's Digital India initiative.

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"And, the success continues... 2.9 crore customers onboarded on digital payment modes and 5.8 lakh new QR Code & 89K new PoS devices deployed by PSBs during #DigitalApnayen campaign since 15th Aug'20. UPI transaction vol continues to rise, touches 207 crore in Oct'20," the Department of Financial Services said in a tweet.

Under the campaign, banks were asked to onboard a minimum 100 new customers, including merchants and financial inclusion account holders, by each branch on the digital payment modes.

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Banks were also advised to consider reward and recognition programme for their branches and business correspondents and other field functionaries for promoting the campaign.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)