Marking a high note for both the parties concerned, Indian start up Hike and Airtel Payment Bank reached in on an agreement to work together for online payments. Hike, which already has gone past 5M+ transactions in November 2017, boasts a user base of over 100M+. On the other hand, Airtel Payment bank has got a wide merchant network, strong KYC infrastructure and banking system. Thus, both Hike and Airtel Payment bank are going to capitalize on each other’s strong port folio.
It must be noted that Hike achieved 5M+ business transaction using its basic service of recharge and P2P. With the entry of Airtel Payment bank to the scenario, the transactions are sure to reach new heights.
