The person who makes payments and accepts deposits in the bank is known as a.
Consider the following statements regarding Payment Banks: 1. Payment Banks can't advance loans or issue credit cards. 2. Payment Banks can accept demand deposits up to Rs 5 lakh. 3. Payment Banks offer remittance services, mobile payments/transfers/purchases. 4. Payment Banks offer banking services like ATM/debit cards, net banking and third party fund transfers. Which of the above statement(s) is/are correct?