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Tag: Paytm

BMC Pacts With Paytm: Odisha Capital's Vending Zones To Usher Cashless Revolution 
BMC Pacts With Paytm: Odisha Capital's Vending Zones To Usher Cashless Revolution

With the Modi government giving an extra push to digital transactions post the demonetisation, the Naveen Patnaik government has made digital transactions its core policy. The BMC's cashless drive in vending zones is being seen as State's measure to push online transactions.

Paytm May Directly Head For IPO Without A Pre-IPO To Fast-Track Listing
Paytm May Directly Head For IPO Without A Pre-IPO To Fast-Track Listing

Paytm is seeking a $20-22 billion valuation for its IPO, added a source.

Paytm IPO Clue
Invest Or Not Invest In Paytm IPO? What This Market Guru Thinks

With India’s largest IPO set to hit the markets soon, it has got many to sit up and take notice. India's leading digital payments and financial services platform Paytm is heading for a market debut with an aim to raise $2.2 billion.

Paytm, Zomato Step Forward To Help 'Breathless India'
Paytm, Zomato Step Forward To Help 'Breathless India'

New Delhi: More than two weeks after oxygen shortages were reported across India, particularly in the national capital, many technology leaders have come forward to help the citizens. “We have…

Paytm Inspires Harvard Team To Create Similar Digital Payment App For Americans
Paytm Inspires Harvard Team To Create Similar Digital Payment 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…

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Cyber Fraud: Odisha Techie Loses Rs 1 Lakh While Making Online DTH Recharge

Bhubaneswar: A girl in the smart city of Bhubaneswar, who happens to be a software engineer, was allegedly duped of money to the tune of Rs 1 lakh while recharging her satellite TV’s Direct To Home (DTH) service through an e-commerce payment system. As per reports, the girl named Soumya Rout tried to make a […]

JPC Questions Google, Paytm On Data Privacy, Chinese Investment

New Delhi: Google and digital payments major Paytm were questioned by a parliamentary panel in India on a range of issues including data privacy and China links. The Joint Parliamentary Committee on the Personal Data Protection Bill on Thursday also provided the two companies time to submit written responses to questions on several issues including […]

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. The move is aimed at transforming the credit market by enabling “new to credit” users to join the digital […]

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. The feature can be accessed from Paytm Merchant Dashboard or Paytm for Business app. The minimum amount that can be […]

Paytm Announces Rs 10 Crore Fund For Mini App Developers In India
Paytm Announces Rs 10 Crore Fund For Mini App Developers In India

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. Addressing a mini apps developer conference, Paytm Founder Vijay Shekhar Sharma said that he is targeting “at least one million mini apps” to put an […]

Flipkart, Paytm Offer Instant Caskback 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. “This festive season, millions […]

Paytm Takes On Google, Unveils India's Own Android Mini App Store

New Delhi: In a bid to support Indian app developers after its own app was removed by Google from its Play Store recently, leading digital payments platform Paytm on Monday launched an Android Mini App Store to support local developers take their innovative products to the masses. Paytm said it will provide listing and distribution […]

Digital India
Indian Consumers Preferred Amazon, JioMart, Paytm, Byju's In Covid-19: BofA Survey On Digital India

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. Seventy-one per cent of users preferred Amazon over rival Flipkart which stood at 22 per cent. Only 5 per cent of those surveyed preferred to go basis […]

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. Earlier in the day, Google had pulled down India’s homegrown financial services company Paytm from its app store for running its promotional UPI cashback […]

Paytm Acquires Raheja QBE To Enter General Insurance Sector

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. Raheja QBE, which started its operations in 2009, is a joint venture between Prism Johnson Limited and QBE Insurance […]

Paytm offices shut after employee tests positive for coronavirus

New Delhi: India’s leading digital payment platform Paytm on Wednesday decided to shut its offices in Gurugram and Noida for at least two days after one of its employees who had recently travelled to Italy tested positive for COVID-19. In an official statement, the company informed that it has suggested team members of the COVID-19 […]

Paytm Rolls Out All-In-One Payment Gateway For SMEs

Bengaluru: Leading fintech startup Paytm on Tuesday launched an all-in-one payment gateway which enables digital payments through multiple methods for small and medium businesses (SME). “Today, we are announcing our all-in-one payment gateway and Business Payment solutions for SMEs. These services will further deepen the importance of digital payments in their business and bring to […]

Paytm Payments Bank Unveils New AI-Driven Security Measures

New Delhi: Paytm Payments Bank on Monday announced Artificial Intelligence (AI)-driven security measures to safeguard users from fraudsters and protect their transactions. One of the new features analyses ‘rogue’ apps on user devices which might trigger fraudulent transactions and advises users to uninstall them. The bank is also leveraging AI to instantly detect suspicious transactions. […]

Paytm Bank Becomes Largest Issuer Of FASTags In India

New Delhi: Paytm Payments Bank (PPB) on Monday announced it has become the largest FASTag issuer in India as it has issued three million FASTags so far, thus, accelerating the adoption of electronic payments across toll plazas. “This milestone is a testament to the efforts we are putting in the ‘Digital India’ vision of the […]

2 former Google executives join Paytm

New Delhi: Digital payments player Paytm on Thursday announced the expansion of its leadership team with two former Google executives, Praveen Sharma and Ankit Sinha being appointed senior vice president, ad business, and vice president, Paytm AI Cloud, respectively. Both the former Googlers will report directly to Paytm Founder and CEO Vijay Shekhar Sharma. “Over […]

PhonePe, Paytm have till February 2020 to update KYC

New Delhi: With the Reserve Bank of India (RBI) extending the deadline for mobile wallets to become fully Know Your Customer (KYC) compliant, people using PhonePe, Paytm, Amazon Pay or other such wallets will have no trouble doing their transactions as usual at least till February 29, 2020. The deadline for mobile wallets to become […]

BCCI ropes in Paytm as title sponsor till 2023

Mumbai: The Board of Control for Cricket in India (BCCI) on Wednesday announced that One97 Communication Ltd, the company which runs the e-commerce payment system Paytm, has acquired the rights to sponsor India’s international and domestic matches till 2023. The winning bid was fixed at Rs 326.80 crore to be paid by the company to […]

Scan any QR code to pay using Paytm

New Delhi: In a mega-campaign of Rs 200-250 crore, India’s leading digital payment platform Paytm will now allow scanning of any QR code, be it BHIM UPI, Google Pay, from its app to make an insta-payment at offline retail stores. The move is expected to benefit the small kirana stores which have become well-versed with […]

WhatsApp new feature for android
Fears arise over WhatsApp's Pay feature in India

New Delhi: As Facebook-owned WhatsApp announced launching its Payments service in India later this year, the fears of data privacy came back to the fore, with the government reportedly asking the National Payments Corporation of India (NPCI) to ensure that users’ data are not shared. The NPCI is an umbrella organization for all retail payments […]

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. The company would offer loans to Paytm customers and merchants through “Deferred Payment or Postpaid” and “Merchant Lines” facilities. Using proprietary Machine Learning (ML) models developed by Paytm and […]