Tag: 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 […]

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 […]

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 […]

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 […]

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 […]

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…

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. […]

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 […]

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 […]

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 […]

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 […]