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 […]
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 […]
Bhubaneswar: At a time when the whole nation is facing cash crunch following the demonetisation of high denomination currency notes, the small vendors in the capital city of Odisha have adopted the smart ways of payment. They are accepting payment through mobile and online payment services to ease the problems of common people and keep […]
Noida: Two Paytm employees, including a woman, were among three persons arrested on Monday for allegedly trying to extort Rs 20 crore from the e-wallet giant’s founder Vijay Shekhar Sharma after threatening to leak stolen personal data and information, Noida Police said here. The arrested woman, who allegedly masterminded the extortion bid, is the secretary […]
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: Digital payments firm Paytm on Monday said it enabled seven crore UPI-based merchant transactions out of the total 12 crore transactions in the country in May 2019. The firm has also enabled its 1.2 crore partner merchants so far to accept payments through Paytm BHIM UPI. “The platform clocked over 70 million (seven […]
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: Digital wallet Paytm on Monday refuted reports that it is going to charge users extra amount for digital transactions on its platform. “We would like to clarify that Paytm app/payment gateway owned by One97 Communications Limited does not charge or levy any convenience/transaction fee from our customers on using any payment method which […]
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 […]
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 […]
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 […]
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