Paytm's payments services revenue grew by 69 per cent Y-o-Y (3 per cent Q-o-Q), supported by rapid growth in user engagement, merchant base, use cases on the Paytm super app and subscription revenue from payment devices.
Digital payments major Paytm allegedly suffered a massive data breach two years back that may have exposed data of over 3.4 million users, cyber-security company Firefox Monitor said on Wednesday.
Delhi Police Spokesperson Suman Nalwa told IANS that the incident took place on February 22 in south Delhi' Malviya Nagar area.
Paytm IPO, India’s Biggest IPO Lists On Stock Exchanges
Paytm had priced its shares in a price band of Rs 2,080-2,150 per share, valuing the company at Rs 1.39 lakh crore at the upper end of the price band. This was greater than previous miner Coal India's Rs 15,000 crore a decade back.
After almost one and a half years of remote work, several IT companies including Tata Consultancy Services (TCS), Infosys, Wipro, and others are gearing up to call back employees to the offices. But, the second most-valuable internet company, Paytm said that it will not force people to come to the office.
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 is seeking a $20-22 billion valuation for its IPO, added a source.
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.
By Surya Narayan Pradhan Bhubaneswar: With the approval from the Reserve Bank of India (RBI) to e-commerce and payment system company Paytm to start payments bank services in the beginning of 2017 followed by the launch of Airtel Payments Bank services across the country, the Indian financial ecosystem is ready to offer its citizens a […]
New Delhi: Paytm’s domestic parent company One97 Communications on Thursday introduced a “Social Community Platform” exclusively for women as an interactive social feed, in partnership with an online womens community — “Sheroes”. This is an interactive social feed where women can engage on topics including health, careers, relationships, cooking and hobbies while sharing their life […]
New Delhi: With the government on Monday refusing to relax the Reserve Bank of India’s (RBI) October 15 deadline for data localisation, the road ahead has become tough for global digital payment providers who have sought more time to comply with the guidelines. The RBI guidelines say that all digital payment firms like Google Pay, […]
Mumbai: Reliance Energy on Tuesday announced an exclusive offer for consumers paying power bills through PayTM with a daily lucky draw of cashbacks for a month starting November 15, an official informed. The offer, in line with the company’s commitment to the ‘Digital India’ initiative, can be availed by using promo code REL1000 to pay […]
New Delhi: Mobile payments platform Paytm on Tuesday said it has introduced payments using BHIM UPI (unified payments interface) on its platform. According to the company, users can create their own Paytm BHIM UPI ID on the app, which will be issued by Paytm payments bank. “Paytm users can link any of their savings bank […]
New Delhi: Mobile payment and commerce platform Paytm on Wednesday launched a convenient mode on its platform for payment of traffic fines. The service is currently live in Mumbai, Pune and Vijayawada and will be expanded to other cities soon. Vehicle owners can now log on to Paytm, tap on ‘Traffic Challan’, enter their vehicle […]
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