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Federal Bank becomes 1st to list Payment Gateway on new tax platform

Kerala-based Federal Bank has become the first bank to list its Payment Gateway platform on the TIN 2.0 platform of the Income Tax Department.

Topics
Kerala | Federal Bank | Payment Gateway

Press Trust of India  |  Kochi 



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Kerala-based has become the first bank to list its platform on the TIN 2.0 platform of the Income Tax Department.

The TIN 2.0 platform went live on July 1 this year and the "Payment Gateway" has been enabled, providing one more payment option to taxpayers, who can now make their payments with ease, using modes such as Credit/Debit Card, UPI, NEFT/RTGS and Internet Banking.

Harsh Dugar, Group President & Country Head Wholesale Banking, Federal Bank, said is actively using digital as a key enabler of superior experience and transaction convenience.

"With an increasing number of digital first folks joining the workforce and scaling up of digital transactions across the ecosystem, we are sure that taxpayers will appreciate the convenience of tax payments brought forth by the by easing the process and providing multiple options," Dugar said in a statement.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Thu, August 04 2022. 10:10 IST

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