Spencer's Retail ties-up with Airtel Payments Bank

7 Mar 2017

Spencer’s Retail - an RP-Sanjiv Goenka Group Company, has tied up with Airtel Payments Bank - India’s first payments bank, to offer shoppers the convenience to make secure and convenient cashless payments for goods purchased across all Spencer’s outlets.
The tie-up will be active across 123 Spencer’s Retail outlets operational at 35 locations in India. These outlets will accept digital payments from Airtel Payments Bank customers over mobile phones.
Airtel Payments Bank will not charge any processing fee from its customers and merchants partners for digital transactions and are currently offering a 10% cashback for the next thirty days, thereby encouraging them to adopt cashless payments.
Vipin Bhandari, Deputy CEO, Spencer’s Retail Limited said, “Catering to the needs and comforts of our customers has been the key factor that has governed all our decisions, over the years. We, at Spencer’s Retail, are delighted to enter a strategic tie-up with Airtel Payment Bank, and are confident that this association will deliver great value to customers and allow us to extend a more convenient purchase experience to our shoppers.”
Vir Inder Nath, CEO – West Bengal & Odisha, Bharti Airtel said, “We are delighted to partner with Spencer’s Retail and offer its growing customer base the facility to digitally pay for their purchases easily through Airtel Payments Bank, with this association Airtel Payment Bank customer can shop with convenience and also earn attractive cashbacks at Spencer’s Retail outlets across the country.” (EOIC)