Tag: Paytm Bank

Paytm
Paytm unveils payments bank, targets 500 mn customers by 2020

New Delhi: Fintech company Paytm on Tuesday unveiled its payments bank becoming the first one to offer cashback on deposits. It aims to become the preferred bank for 500 million Indians by 2020. Customers will also be offered zero charge on all online transactions and there would be no minimum balance requirement, the firm said […]

  • Monday, 05 July 2021
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Paytm Payments Bank ahead of major banks in digital transaction target

New Delhi: Paytm Payments Bank has received a target of 501.16 crore digital transactions for the financial year 2019-20 from the Ministry of Electronics and Information Technology (MeitY), higher than the targets set for major banks including HDFC Bank, ICICI Bank and Punjab National Bank. In a statement, Paytm Payments Bank said it is only […]

  • Friday, 30 April 2021
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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. The company attributes its growth to increased trust and adoption of the […]

  • Thursday, 29 April 2021
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