Tag: Paytm Payments Bank

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 […]

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 […]

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 […]

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 […]

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. […]