One97 Communications trades higher on partnering with RBL Bank
One97 Communications is currently trading at Rs. 728.85, up by 12.55 points or 1.75% from its previous closing of Rs. 716.30 on the BSE.
The scrip opened at Rs. 698.45 and has touched a high and low of Rs. 733.90 and Rs. 685.00 respectively. So far 453689 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1063.00 on 17-Dec-2024 and a 52 week low of Rs. 310.00 on 09-May-2024.
Last one week high and low of the scrip stood at Rs. 772.85 and Rs. 685.00 respectively. The current market cap of the company is Rs. 46358.43 crore.
The institutions holding in the company stood at 67.91%, while Non-Institutions held 32.09% in the company.
One97 Communications (Paytm) has partnered with RBL Bank to strengthen digital payment adoption among the bank’s merchant partners. As part of this collaboration, Paytm will provide its Soundbox and card machines to RBL Bank’s merchant partners, providing them with easy-to-use and efficient payment solutions.
This initiative empowers RBL Bank’s merchant partners to leverage Paytm’s robust technology for secure and reliable payments. The integration of Paytm for Business dashboard allows merchants to track transactions in real-time, providing enhanced transparency and operational efficiency. Additionally, Paytm’s innovative payment devices support multiple payment modes, including UPI, RuPay credit card on UPI, UPI Lite, debit cards, and credit cards, along with EMI options from leading banks, offering flexibility to merchants and customers alike.
Paytm offers user-centric innovations, allowing users to link their bank accounts, create UPI IDs, and make seamless self-account transfers, peer-to-peer transactions, and online and offline payments. It also provides UPI Lite for small-value transactions, RuPay Credit Card linking on UPI, and an auto-pay service, improving the overall payment experience. Expanding its global reach, Paytm now supports international UPI payments at locations where UPI is accepted, including the UAE, Singapore, France, Mauritius, Bhutan, Sri Lanka, and Nepal.
One97 Communications is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, the company builds technologies that help small businesses with payments and commerce.
