{"id":127979,"date":"2023-01-07T12:20:06","date_gmt":"2023-01-07T06:50:06","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=127979"},"modified":"2023-01-07T12:20:07","modified_gmt":"2023-01-07T06:50:07","slug":"axis-bank-partners-with-open-to-launch-a-fully-digital-current-account","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/axis-bank-partners-with-open-to-launch-a-fully-digital-current-account\/","title":{"rendered":"Axis Bank Partners with OPEN to Launch a Fully Digital Current Account"},"content":{"rendered":"\n<p><strong>Axis Bank Partners with OPEN to Launch a Fully Digital Current Account:<\/strong> Axis Bank has partnered with OPEN to provide a fully native digital current account journey for its customers including SMEs (small and medium enterprises), freelancers, homepreneurs, influencers and more. The bank has never before collaborated with a fintech company to offer a fully digital current account. Using this account, customers can avail 250+ banking services and claim up to 50 per cent cashback through grab-deals. With this partnership, all existing Axis bank account holders also get access to OPEN\u2019s all-in-one digital banking platform that is used by over 30 lakh businesses currently.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.gkseries.com\/blog\/category\/daily-quiz\/daily-quiz-january-2023\/\" target=\"_blank\" rel=\"noreferrer noopener\">January 2023 Current Affairs Quiz<\/a><\/strong><\/p>\n\n\n\n<p><strong>Aim of This Move:<\/strong><\/p>\n\n\n\n<p>The partnership is aiming to offer access to Axis Bank\u2019s holistic banking services coupled with OPEN\u2019s end-to-end financial automation tools for business management like payments, accounting, payroll, compliance, expense management and several other services to a larger business community.<\/p>\n\n\n\n<p><strong>Significance of This Move:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>This digital current account product claims to help customers to save a significant amount of time and effort, as the authentication process will be completely digital using PAN and Aadhaar followed by a video KYC.<\/li>\n\n\n\n<li>According to a company statement, the contactless account opening process that takes away the hassle of paperwork with a zero document upload feature makes this product significantly different from others in the market.<\/li>\n\n\n\n<li>In addition, it has been said that clients can access more than 250 financial services through this account and receive up to 50% cashback through grab-deals.<\/li>\n\n\n\n<li>The partnership will benefit all existing Axis bank account holders and also get access to OPEN\u2019s all-in-one digital banking platform.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Axis Bank Partners with OPEN to Launch a Fully Digital Current Account: Axis Bank has partnered with OPEN to provide a fully native digital current account journey for its customers including SMEs (small and medium enterprises), freelancers, homepreneurs, influencers and more. The bank has never before collaborated with a fintech company to offer a fully [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":127980,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4996],"tags":[74],"offerexpiration":[],"class_list":["post-127979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-january-2023","tag-bank-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/127979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=127979"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/127979\/revisions"}],"predecessor-version":[{"id":127981,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/127979\/revisions\/127981"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/127980"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=127979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=127979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=127979"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=127979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}