Punjab News Express

Paytm

Paytm Payments Bank ban: Key changes come into effect post March 15

NEW DELHI: As the Reserve Bank of India’s (RBI) deadline to ban Paytm Payments Bank Limited (PPBL) ends on Friday, here are key changes for millions of Paytm users and merchants that will come into force.

Paytm, PPBL discontinue inter-company agreements before RBI deadline

NEW DELHI: One 97 Communications Ltd, the parent company of Paytm, and Paytm Payments Bank Limited (PPBL) on Friday announced to discontinue various inter-company agreements, as the Reserve Bank of India (RBI) ban on the bank’s operations inches closer.

Merchants across India continue to use Paytm & its pioneering devices

NEW DELHI: One 97 Communications Limited (OCL), that owns financial services major Paytm, has received immense support from the merchant community across the country.

Paytm shifts nodal account to Axis Bank: What does this mean?

NEW DELHI: In a bid to maintain seamless merchant settlements as before, financial services company Paytm has announced to shift its nodal account to Axis Bank, which was previously used with the Paytm Payments Bank Ltd (PPBL).

Paytm QR, Soundbox, Card Machine to work beyond March 15; nodal accounts moved to Axis Bank

NEW DELHI: Leading payments and financial services company Paytm on Friday reassured its users that its mobile app, including the widely-used Made in India QR code, Soundbox, and Card Machine will remain operational without interruption even after March 15.

Goldman Sachs says Paytm's current share price is a compelling entry point, ICICI Securities issue Buy rating

NEW DELHI: Paytm continues to get the confidence of top brokerages, who are bullish about the companys "immense growth potential". Goldman Sachs pointed out the strong growth potential for Paytms lending business, saying the firm will hit $10 billion in disbursals by FY26E, vs $900 million in FY22.

Paytm listing debacle sparks concern from investors for other IPOs

NEW DELHI:The Paytm listing debacle has sparked concern from investors and entrepreneurs, fearful that it could derail a string of expected Indian flotations that were supposed to cement the country's status as a leading destination for tech start-ups after the US and China, Financial Times reported.

Paytm's GMV hit Rs 1,469bn in Q4FY21 - 100% growth in one year

NEW DELHI: Indias leading digital payments and financial services platform Paytm has filed for a Rs 16,600 crore IPO, which is touted to be Indias largest market debut.The company filed its Draft Red Herring Prospectus on Friday, which gave insights into how the most well known brand in financial services is growing.

Paytm-inspired Harvard team creating similar app for Americans

NEW DELHI: The success of Vijay Shekhar Sharma-run digital payments leader Paytm in India has reached the US, and a team from Harvard Business School, led by a US Army veteran, is currently working on a similar app for a wider launch later this spring.

Paytm gets further boost as NPCI caps UPI transactions

NEW DELHI: To bring parity in UPI digital payments and ending the monthly race to the top spot, the National Payments Corporation of India (NPCI) has issued guidelines capping the market share of UPI transactions to 30 per cent.

Now Paytm founder asks Indians to join Signal

NEW DELHI: Paytm founder Vijay Shekhar Sharma, who fought a bitter war with Google recently, took to Twitter on Monday and urged Indian users to move to encrypted Signal app and shun WhatsApp.

Paytm to double loan disbursement to Rs 1,000 cr for MSMEs

NEW DELHI:Financial services platform Paytm on Monday announced to double its loan disbursements for the micro- and small and medium enterprises (MSMEs) from Rs 550 crore in last fiscal year to Rs 1,000 crore by March 2021.

Paytm enters credit card biz, to issue 20 lakh in 12-18 months

NEW DELHI:Leading digital financial services platform Paytm on Monday said it will partner with various card issuers to introduce co-branded credit cards and is aiming to issue 20 lakh cards in the next 12-18 months.

Paytm payment gateway announces same-day bank settlement

NEW DELHI:Paytm on Tuesday announced the same-day settlement facility for all kinds of fund transfers on its payment gateway that will help businesses that depend upon immediate availability of funds to pay down-stream partners.

Paytm announces Rs 10 crore fund for mini app developers

NEW DELHI: Increasing its stake in its ongoing fight with Google, leading digital payments platform Paytm on Thursday announced a Rs 10-crore fund for mini apps developers in the country.

Flipkart, Paytm offer instant cashback during 'Big Billion Days'

BENGALURU:Flipkart on Monday said that its partnership with Paytm will enable millions of users to conveniently pay through their Paytm Wallet and Paytm UPI while shopping on Flipkart during the 'Big Billion Days sale that starts from October 16. Flipkart customers will also get instant cashback to their Paytm wallets.

After Paytm, Google goes after Zomato, Swiggy on IPL cashbacks

NEW DELHI:After a face-off with leading digital payments platform Paytm, Google sent notices to Zomato and Swiggy for running cashback-based IPL games and both the food aggregator platforms have decided to pause their virtual gaming leagues.

Digital India bats for Amazon, JioMart, Paytm, Byju's: BofA-Survey Monkey

NEW YORK:A 16-page survey by Bank of America (BofA) identifies Amazon, Jio, Paytm and Byju's as the stars that Indian consumers prefer in these times of Covid-19.

Paytm back on Play store few hours after Google removed app

NEW DELHI:In a dramatic turn of events, Paytm app was back on Google Play store on Friday within a few hours of being pulled down due to alleged policy violations.

Google Play store removes Paytm app citing gambling policy

NEW DELHI: Google has removed digital payments major Paytm's app from its Play Store for allegedly violating its gambling policies.

Paytm trims losses by 40%, revenue hits Rs 3,629 crore in FY20

Paytm enters general insurance sector, acquires Raheja QBE

NEW DELHI:Leading digital payments platform Paytm along with its founder Vijay Shekhar Sharma on Monday announced the acquisition of Mumbai-based private sector general insurance company Raheja QBE, to democratize general insurance services in the country.

Paytm expands 'Postpaid' lending services to kiranas

NEW DELHI:Digital payments major Paytm on Monday announced the expansion of its "Postpaid" lending services to make it easier for users to purchase products from neighbourhood kirana stores and other popular retail destinations such as Reliance Fresh, Haldiram, Apollo Pharmacy, Croma, Shoppers Stop, among others.

Telcos should act fast to counter online frauds: Paytm

NEW DELHI:Telecom companies in India need to implement stringent preventive and punitive measures to counter the menace of online frauds executed through spam SMS or calls, a top Paytm Payments Bank (PPB) executive said on Thursday.

TikTok to Paytm, China quietly flexes muscles in India

NEW DELHI:From cops on duty to young lads in small-town India, Chinese short-video making app TikTok has become a rising phenomenon, owing to a strong local network while providing marketers with a platform to reach millions of untapped users.

Paytm partners Clix Finance to offer instant digital loans

NEW DELHI: Digital payments player Paytm on Tuesday partnered non-banking financial company Clix Finance to offer instant digital loans to customers and merchants on its platform.

Not charging extra for digital transactions: Paytm

NEW DELHI: Digital wallet Paytm on Monday refuted reports that it is going to charge users extra amount for digital transactions on its platform.

Cash-rich global giants unable to compete with homegrown payments leader Paytm

NEW DELHI: With 550 crore transactions in the financial year 2018-19 and a gross transaction value (GTV) of over $50 billion (around Rs 34,706 crore), homegrown digital payments company Paytm continues to dominate its global counterparts -- Google Pay, Whatsapp Pay and Walmart-Phonepe.

Paytm Mall offers exchange bonus to iPhone XS, XS Max buyers

NEW DELHI: There is good news for those who want to have an iPhone XS or XS Max as Paytm Mall is offering an exchange bonus of Rs 7,000 to prospective buyers in addition to the exchange value of their old phones.