1.Commercial banks can accept any amount as deposit from customers, whereas payment banks have a maximum limit of Rs 1,00,000 per customer. 2.Commercial banks can issue credit cards to customers wheares payment banks cannot. 3.Commercial banks provide loan facilities, payment banks do not provide loans. 4.Commercial banks can accept NRI deposits, whereas payment banks cannot. 5.Payment banks must include the words "payment bank" in their name, commercial banks need not specify this. 6.Payment banks must invest 75% of their deposits in government securities, and commercial banks are expected to invest 22% of their deposits in government securities.