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One97 Communications trades higher on launching Card Soundbox One97 Communications is currently trading at Rs. 869.30, up by 12.50 points or 1.46% from its previous closing of Rs. 856.80 on the BSE. The scrip opened at Rs. 863.05 and has touched a high and low of Rs. 874.70 and Rs. 863.05 respectively. So far 109674 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 939.00 on 25-Aug-2023 and a 52 week low of Rs. 439.60 on 24-Nov-2022. Last one week high and low of the scrip s...
One97 Communications trades higher on launching Card Soundbox
One97 Communications trades higher on launching Card Soundbox
Source: Accord Fintech
5/09/2023 12:22:56 PM
Paytm solidifies in-store payments leadership with 87L devices deployed, MTU grows to 9.4 cr Leading payments and financial services company Paytm on Tuesday announced its business operating performance metrics for quarter to date (July-August period). The fintech giant continues to solidify its leadership of payment monetisation with 87 lakh devices deployed. Witnessing an increase of 4.9 lakh devices in the month, further strengthening its payment monetisation and cementing its leadership in in-store payments. With its groundbreaking innovations, Paytm is bringing newer te...
Paytm solidifies in-store payments leadership with 87L devices deployed, MTU grows to 9.4 cr
Paytm solidifies in-store payments leadership with 87L devices deployed, MTU grows to 9.4 cr
Source: IANS
5/09/2023 11:31:49 AM
India's Paytm launches $12 `soundbox` that accepts card payments Indian fintech firm Paytm on Monday launched a 'soundbox' device that lets merchants accept both mobile and card payments across networks including Visa, Mastercard, American Express and homegrown RuPay. The launch of the 999 rupees ($12.08) 'Card Soundbox', which also provides instant audio payment alerts to prevent fraud, comes as rival Pine Labs announced a similar device at "nearly one-third of the cost of a regular Point of Sale terminal". Paytm, whic...
India's Paytm launches $12 `soundbox` that accepts card payments
India's Paytm launches $12 `soundbox` that accepts card payments
Source: Reuters
4/09/2023 4:59:06 PM
Paytm shareholder Antfin to sell 3.6% stake via block deal - report Paytm shareholder Antfin is likely to sell a 3.6% stake in the Indian payments firm through a block deal on Friday as it further reduces its stake in the company, CNBC-TV18 reported on Thursday. The floor price for the sale is set at 880 rupees per share, the report added, which is a 2.7% discount on Paytm's last closing price of 904.45 rupees. Citi has been appointed as the broker for the deal, which the broadcaster said is valued at a total of $234 million. Paytm and Ant Group ...
Paytm shareholder Antfin to sell 3.6% stake via block deal - report
Paytm shareholder Antfin to sell 3.6% stake via block deal - report
Source: Reuters
24/08/2023 7:33:20 PM
Germany`s Minister Volker Wissing makes mobile payment via Paytm; Embassy hails its simplicity and speed The Minister who is in Bengaluru for a G20 meeting scanned the Paytm QR code and was easily able to make the payment within seconds Paytm has revolutionised India's payment landscape with its pioneering QR code. Empowering street vendors by giving them the solution to their payment needs, the company has taken QR code to every nook and corner of the country. The German Embassy in India has also hailed India's digital infrastructure and has highlighted how seamlessly UPI transaction...
Germany`s Minister Volker Wissing makes mobile payment via Paytm; Embassy hails its simplicity and speed
Germany`s Minister Volker Wissing makes mobile payment via Paytm; Embassy hails its simplicity and speed
Source: PR Agency
22/08/2023 12:09:38 PM
Paytm Payments Services appoints S.R. Batliboi & Associates as its auditor One97 Communications Limited on Monday informed the exchanges that its wholly-owned subsidiary Paytm Payments Services Limited (PPSL) has appointed S.R. Batliboi & Associates as its auditor. The statutory auditors have not raised any concern or issue and in fact this is aligned with the holding company OCL’s appointment of S.R. Batliboi & Associates as its auditor.  As per the company’s filing, the Board of Directors of PPSL has noted their resignation and place...
Paytm Payments Services appoints S.R. Batliboi & Associates as its auditor
Paytm Payments Services appoints S.R. Batliboi & Associates as its auditor
Source: IANS
8/08/2023 9:49:25 AM
Paytm CEO Sharma to buy 10.3% stake in co from Antfin Holding -Paytm's founder and CEO, Vijay Shekhar Sharma, will buy a 10.3% stake valued at $628 million in the company from its largest shareholder, in a bid to simplify its ownership structure, the fintech company said in a filing on Monday. Sharma's stake purchase from Antfin (Netherlands) Holding B.V. is valued at $628 million, as per Paytm's last closing price of 796.6 rupees a share. Antfin will cease to be the largest shareholder in the company following the transfer. Sharma&...
Paytm CEO Sharma to buy 10.3% stake in co from Antfin Holding
Paytm CEO Sharma to buy 10.3% stake in co from Antfin Holding
Source: Reuters
7/08/2023 9:18:40 AM
Paytm ONDC sells nearly 6000 kg tomatoes within a week in Delhi-NCR, leads with over 60% market share Paytm E-commerce Private Limited (PEPL) today announced that it has already sold nearly 6,000 kg of tomatoes within a single week through ONDC on the Paytm app. With this, Paytm ONDC leads the chart with 60% of the total tomato sales in Delhi NCR on the ONDC network.   Paytm was the first to go live with ONDC and launched Paytm se ONDC on the Paytm app powered by PEPL.   The sale on Paytm ONDC was announced last week through National Cooperative Consu...
Paytm ONDC sells nearly 6000 kg tomatoes within a week in Delhi-NCR, leads with over 60% market share
Paytm ONDC sells nearly 6000 kg tomatoes within a week in Delhi-NCR, leads with over 60% market share
Source: PR Agency
4/08/2023 11:05:11 AM
Paytm leads technology for India`s small shops, solidifies in-store payments leadership with 82L devices Paytm, India’s leading payments and financial services company and the pioneer of mobile payments, QR codes and Soundbox, recently announced its business operating performance metrics for July 2023. The fintech giant continues to solidify its leadership in in-store payments with 82 lakh devices deployed, a growth of 101 per cent YoY. In one month, Paytm has added 3.8 lakh devices, crossing a new milestone in in-store payments. With its innovations, Paytm is bringing technology to sma...
Paytm leads technology for India`s small shops, solidifies in-store payments leadership with 82L devices
Paytm leads technology for India`s small shops, solidifies in-store payments leadership with 82L devices
Source: IANS
4/08/2023 9:16:39 AM
Cashfree Payments` Zecpe rebrands as Ecom360: Bets big on D2C businesses with Growth Solutions Cashfree Payments, India's leading payments and API banking company, has announced the rebranding of its subsidiary, Zecpe, to ‘Ecom360’. Ecom360 caters to the end-to-end growth challenges faced by D2C businesses across their customer and product lifecycles. With Ecom360, businesses gain access to a comprehensive set of solutions built to elevate customer shopping experiences, prevent returns, streamline operations, and offer exceptional post-order support.   In ear...
Cashfree Payments` Zecpe rebrands as Ecom360: Bets big on D2C businesses with Growth Solutions
Cashfree Payments` Zecpe rebrands as Ecom360: Bets big on D2C businesses with Growth Solutions
Source: PR Agency
2/08/2023 5:18:29 PM
ITCONS E-Solutions jumps on entering into agreement with Paytm Services ITCONS E-Solutions is currently trading at Rs. 44.15, up by 0.95 points or 2.20% from its previous closing of Rs. 43.20 on the BSE. The scrip opened at Rs. 46.11 and has touched a high and low of Rs. 46.62 and Rs. 44.13 respectively. So far 14000 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 52.75 on 03-Apr-2023 and a 52 week low of Rs. 33.01 on 29-Mar-2023. Last one week high and low of the scrip stood at Rs...
ITCONS E-Solutions jumps on entering into agreement with Paytm Services
ITCONS E-Solutions jumps on entering into agreement with Paytm Services
Source: Accord Fintech
24/07/2023 11:22:32 AM
Paytm scores profit for three straight quarters; posts revenue of Rs 2,342 cr, growth of 39% YoY in Q1FY24 India’s leading payments and financial services company Paytm has shown yet another impressive quarterly growth, registering a bumper revenue uptick of 39 per cent YoY, taking its revenue to Rs 2,342 crore in Q1FY24. This was achieved by increase in GMV, merchant subscription revenues, and growth of loans registered on the platform.  Paytm’s EBITDA before ESOP saw a significant improvement of Rs 359 crore YoY to Rs 84 crore, compared to Rs 52 crore in Q4FY23 (excluding the...
Paytm scores profit for three straight quarters; posts revenue of Rs 2,342 cr, growth of 39% YoY in Q1FY24
Paytm scores profit for three straight quarters; posts revenue of Rs 2,342 cr, growth of 39% YoY in Q1FY24
Source: IANS
22/07/2023 9:03:10 AM
E-commerce growth in India to hit $150 bn by 2026 The e-commerce transaction value in India is likely to rise from $83 billion in 2022 to nearly $150 billion in 2026 at a 16 per cent compound annual growth rate, a report showed on Wednesday. The Philippines, Indonesia, India, Malaysia and Vietnam are projected to lead e-commerce growth in APAC through 2026, according to the FIS Global Payments Report 2023. “India has emerged as a global payments leader, developing the next generation of real-time payments infrastructure with the ...
E-commerce growth in India to hit $150 bn by 2026
E-commerce growth in India to hit $150 bn by 2026
Source: IANS
5/07/2023 4:01:19 PM
Paytm boosts merchant payments leadership with 79 lakh devices, adds 4 lakh in June alone Leading payments and financial services company Paytm on Wednesday said it achieved a new milestone in merchant payments with 79 lakh devices deployed while the gross merchandise value (GMV) for the Q1 FY24 stood at Rs 4.05 lakh crore, a year-on-year (YoY) growth of 37 per cent. Driving payment monetisation, Paytm's subscription devices, Soundbox and PoS machines, continue to see an increased acceptance by merchants.  The company continues to remain the market leader in merchan...
Paytm boosts merchant payments leadership with 79 lakh devices, adds 4 lakh in June alone
Paytm boosts merchant payments leadership with 79 lakh devices, adds 4 lakh in June alone
Source: IANS
5/07/2023 10:07:08 AM
Paytm partners with Shriram Finance Limited, strengthens its loan distribution business to drive credit inclusion Chennai: One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments, today announced a partnership with the largest retail NBFC in India, Shriram Finance Limited to offer financial services to its users including loan products. Through this partnership, Shriram Finance’s products will be made available on Paytm’s platform digitally to further expand access to credit and ...
Paytm partners with Shriram Finance Limited, strengthens its loan distribution business to drive credit inclusion
Paytm partners with Shriram Finance Limited, strengthens its loan distribution business to drive credit inclusion
Source: PR Agency
30/06/2023 5:07:30 PM
Paytm continues to be a case study at Harvard Business School yet again Fintech pioneer Paytm continues to make waves globally; to be a case study at Harvard Business School yet again In 2010, when Paytm was started, India becoming a cashless economy was unfathomable. It was Paytm that gave people the power to pay through their mobile phones. Fast forward to today and the fintech giant has emerged as India’s leading payments and financial services company. Such is its reach that “Paytm Karo'' has now become a synonym for payments through QR...
Paytm continues to be a case study at Harvard Business School yet again
Paytm continues to be a case study at Harvard Business School yet again
Source: PR Agency
22/06/2023 5:10:21 PM
Paytm enables digital donations and VIP Darshan at Puri Jagannath temple during Rath Yatra One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments, today announced that it is enabling devotees visiting Puri’s Jagannath temple to make donations using Paytm UPI and Paytm UPI Lite by scanning its QR code.   On the auspicious occasion of the Rath Yatra, the company is offering a VIP Darshan to select devotees making donations through the Paytm app until June 25...
Paytm enables digital donations and VIP Darshan at Puri Jagannath temple during Rath Yatra
Paytm enables digital donations and VIP Darshan at Puri Jagannath temple during Rath Yatra
Source: PR Agency
21/06/2023 3:11:44 PM
Paytm UPI SDK brings India's fastest UPI payments for merchant apps One97 Communications Limited (OCL) that owns leading payments and financial services company Paytm, on Thursday brought Paytm UPI software development kit (SDK) for its merchants, a game-changing product that enables quick, one step UPI payments that never fail. With UPI Lite and now Paytm UPI SDK, the company is now offering its two-sided ecosystem of consumers and merchants fail-proof UPI payments. An industry-first solution designed for apps, Paytm UPI SDK ensures fail-proof, superfa...
Paytm UPI SDK brings India's fastest UPI payments for merchant apps
Paytm UPI SDK brings India's fastest UPI payments for merchant apps
Source: IANS
15/06/2023 12:28:39 PM
Paytm further cements merchant payments leadership with over 75 lakh devices deployed Indias leading payments and financial services company Paytm on Monday announced its business operating performance for the two months ended May 2023. Consumer engagement on the Paytm Super App continues to see robust expansion of its consumer base with the average Monthly Transacting Users (MTU) for the two months ended May 2023 at 9.2 crore, registering a growth of 24 per cent year-on-year. As it strengthens its leadership in offline payments, the QR pioneer said it achieved a new mil...
Paytm further cements merchant payments leadership with over 75 lakh devices deployed
Paytm further cements merchant payments leadership with over 75 lakh devices deployed
Source: IANS
5/06/2023 11:32:18 AM
Paytm Payments Bank enables FASTag payments at Patna Airport parking; offers hassle-free entry and exit from airport India's homegrown Paytm Payments Bank Limited (PPBL), today announced that it now enables convenient payments for car parking at the Airport Authority of India (AAI) authorized Patna Airport using FASTag. The bank has partnered with ASN, a parking management service provider, in order to curb congestion and queues at airport parking.   Using FASTag, car owners at Patna Airport will no longer be required to tender cash, empowering them with seamless and hassle-free travel. Paytm...
Paytm Payments Bank enables FASTag payments at Patna Airport parking; offers hassle-free entry and exit from airport
Paytm Payments Bank enables FASTag payments at Patna Airport parking; offers hassle-free entry and exit from airport
Source: PR Agency
25/05/2023 9:23:39 AM
Paytm Money launches bond investing, to drive innovation by simplifying investing  One97 Communications Limited (OCL), that owns leading mobile payments and financial services company Paytm, on Tuesday announced that its wholly-owned subsidiary Paytm Money Limited has launched the most advanced bonds platform for retail investors in the country. The company said it is simplifying bonds for retail investors and enabling them to invest in three types of bonds -- government, corporate and tax-free. "This is just the start of bonds investing in India. We believ...
Paytm Money launches bond investing, to drive innovation by simplifying investing
Paytm Money launches bond investing, to drive innovation by simplifying investing
Source: IANS
23/05/2023 1:01:55 PM
Meta India's Head of Partnerships Manish Chopra moves on Manish Chopra, Meta India's Director and Head of Partnerships has stepped down after four and a half years at the social network to pursue a new phase in his professional journey. Sandhya Devanathan, VP, Meta India, told IANS on Wednesday that Chopra was part of the India leadership team for more than 4 years and played a key role in scaling business and deepening relationships with creators and businesses. "In his role, Chopra has made enormous contributions in enabling our pr...
Meta India's Head of Partnerships Manish Chopra moves on
Meta India's Head of Partnerships Manish Chopra moves on
Source: IANS
17/05/2023 5:34:36 PM
Paytm beats PhonePe, GooglePay as India`s highest revenue earner in mobile payments, financial services Indian fintech giant Paytm on Wednesday reported its financial performance for FY23, where its revenues swelled to Rs 7,991 crore for the fiscal year. Just inches away from a billion dollars, Paytm's revenue puts it the leading spot in the Indian fintech space and miles ahead of the likes of PhonePe or GooglePay. To put it into perspective, Paytm's Q4 revenues of Rs 2,334 crore were still ahead of PhonePe's revenues of Rs 1,912 crore for the first nine months of the calendar ye...
Paytm beats PhonePe, GooglePay as India`s highest revenue earner in mobile payments, financial services
Paytm beats PhonePe, GooglePay as India`s highest revenue earner in mobile payments, financial services
Source: IANS
10/05/2023 4:21:01 PM
India`s Paytm focused on reaching financial milestone `in near future` - CEO Indian digital payments firm Paytm aims to become "free cashflow positive in the near future," chief executive Vijay Shekhar Sharma said in a letter to shareholders on Sunday. "This has been possible by disciplined resource allocation and focusing on what has become our core revenue and growth driver - payments and financial services distribution business," he said. Positive free cash flow is when a company has sufficient funds to invest back into the business for gr...
India`s Paytm focused on reaching financial milestone `in near future` - CEO
India`s Paytm focused on reaching financial milestone `in near future` - CEO
Source: Reuters
8/05/2023 9:06:15 AM
Paytm logs Rs 7,990 cr revenue in FY23, becomes India`s highest earning new-age firm Leading payments and financial services company Paytm on Friday announced an impressive growth in its fourth quarter of FY23, ending the financial year on a high note. In Q4 FY23, the company's revenue surged by 51 per cent (year-on-year) to reach Rs 2,334 crore, while the full-year revenue increased by 61 per cent YoY to Rs 7,990 crore, making it the highest earning new-age company. In Q4, Paytm further grew its operating profit by Rs 234 crore. In Q4, Paytm's EBITDA before ESO...
Paytm logs Rs 7,990 cr revenue in FY23, becomes India`s highest earning new-age firm
Paytm logs Rs 7,990 cr revenue in FY23, becomes India`s highest earning new-age firm
Source: IANS
6/05/2023 9:41:43 AM
Indian startups must boost corporate governance, set norms for G20 nations: Amitabh Kant Indian startups must give priority to good governance and financial management and create new benchmarks not only for India but also for other G20 nations, G20 Sherpa Amitabh Kant has stressed. Globally, startups have evolved into the catalyst for economic recovery, reorientation and growth driven by innovation. At the sidelines of a think tank conference organised by Nishith Desai Associates and TiE Mumbai recently, Kant reiterated the importance of developing the corporate governance ...
Indian startups must boost corporate governance, set norms for G20 nations: Amitabh Kant
Indian startups must boost corporate governance, set norms for G20 nations: Amitabh Kant
Source: IANS
4/05/2023 4:36:56 PM
Paytm Travel Carnival offers exciting discounts on flights, buses, trains One97 Communications Limited (OCL), that owns India's leading payments and financial services company Paytm, on Wednesday announced 'Paytm Travel Carnival' from May 1-5. With this sale, users will be able to book flight, train and bus tickets for the summer holiday season through Paytm app and get attractive discounts, said the company. The carnival will see participation from major airlines -- IndiGo, SpiceJet, GoFirst, Vistara, Akasa Air, AirAsia, and Air India. The com...
Paytm Travel Carnival offers exciting discounts on flights, buses, trains
Paytm Travel Carnival offers exciting discounts on flights, buses, trains
Source: IANS
3/05/2023 3:17:52 PM
Paytm enables digital donations at Kedarnath temple via Paytm QR One97 Communications Ltd (OCL), that owns leading digital payments brand Paytm, on Wednesday enabled devotees visiting the Kedarnath shrine to make donations using Paytm UPI or Wallet by scanning Paytm QR code. Devotees from across India can make donations at the holy temple, situated in Rudraprayag district of Uttarakhand, from the comfort of their homes through Paytm Super App. "As the pioneer of QR and mobile payments in India, we have enabled digital donations at the doors of t...
Paytm enables digital donations at Kedarnath temple via Paytm QR
Paytm enables digital donations at Kedarnath temple via Paytm QR
Source: IANS
27/04/2023 9:30:21 AM
Paytm posts updated shareholding for Q4 FY23, FPI shareholding almost doubles Leading payments and financial services company Paytm has filed its revised shareholding pattern for Q4 FY23 with the stock exchanges. The company has seen an increase in the shareholding of domestic institutions as well as foreign portfolio investors (FPIs). Domestic institutional shareholding has grown from 1.9 per cent to 3.2 per cent with mutual funds (MFs) and alternate investment funds (AIFs) increasing their stake. The overall shareholding of mutual funds has increased by almo...
Paytm posts updated shareholding for Q4 FY23, FPI shareholding almost doubles
Paytm posts updated shareholding for Q4 FY23, FPI shareholding almost doubles
Source: IANS
20/04/2023 9:03:23 AM
Nepal, India to sign cross-border digital payments deal Nepal and India are set to sign an agreement for cross-border digital payments using e-wallet, which is expected to boost trade and tourism by eliminating currency hassles. The deal is expected to be signed during Prime Minister Pushpa Kamal Dahal's visit to India sometime this month, according to Nepali media reports. The accord will allow Indian tourists in Nepal to make digital payments using Indian e-wallets like BharatPe, PhonePe, Google Pay and Paytm. According to the repor...
Nepal, India to sign cross-border digital payments deal
Nepal, India to sign cross-border digital payments deal
Source: IANS
11/04/2023 11:40:45 AM
Paytm boosts offline payments leadership with 6.8 mn devices, GMV grows 40% Leading payments and financial services company Paytm on Wednesday said it has achieved a new milestone in offline payments with 6.8 million devices deployed, while consumer engagement is the highest on the Paytm Super App at 90 million average monthly transacting users. The merchant gross merchandise value (GMV) for the quarter (for three months ended March 2023) grew 40 per cent YoY to Rs 3.62 lakh crore ($44 billion). Loan distribution, in partnership with lending partners, also witn...
Paytm boosts offline payments leadership with 6.8 mn devices, GMV grows 40%
Paytm boosts offline payments leadership with 6.8 mn devices, GMV grows 40%
Source: IANS
5/04/2023 10:26:37 AM
Paytm UPI Lite crosses 4 mn users with 10 mn transactions to date Homegrown Paytm Payments Bank has now over 4.3 million users on Paytm UPI Lite with more than over 10 million transactions so far through the Paytm Super App, the company said on Tuesday. Paytm UPI Lite continues to gain rapid popularity among the masses to carry out small-value transactions of up to Rs 200 in a single tap. Currently, 10 banks support Paytm UPI Lite -- Paytm Payments Bank, Canara Bank, Central Bank of India, HDFC Bank, Indian Bank, Kotak Mahindra Bank, Punjab National B...
Paytm UPI Lite crosses 4 mn users with 10 mn transactions to date
Paytm UPI Lite crosses 4 mn users with 10 mn transactions to date
Source: IANS
4/04/2023 5:59:26 PM
Paytm Payments Bank enables Ghaziabad`s Mahagun Metro Mall parking with digital payments using FASTag ?  Offers convenient payment at car parking using Paytm FASTags ? Enables customers to pay directly from the Paytm wallet, encouraging cashless transactions India's homegrown Paytm Payments Bank Limited (PPBL), today announced that it has partnered with Mahagun Metro Mall, the third largest retail complex in Delhi NCR, to provide convenient and hassle-free payments for car parking at their mall using FASTag. With this partnership, visitors wouldn't require to wait in long q...
Paytm Payments Bank enables Ghaziabad`s Mahagun Metro Mall parking with digital payments using FASTag
Paytm Payments Bank enables Ghaziabad`s Mahagun Metro Mall parking with digital payments using FASTag
Source: PR Agency
31/03/2023 4:40:48 PM
Paytm Wallet now universally acceptable on all UPI QRs, online merchants Homegrown Paytm Payments Bank (PPBL), the largest issuer of KYC wallets (prepaid instruments) with over 100 million users, on Monday announced that its full KYC wallet customers will be able to make payments on every UPI QR codes and online merchant where UPI payments are accepted. The National Payments Corporation of India (NPCI) announced Wallet interoperability guidelines on March 24. "As the pioneer of mobile payments and QR based payments, this move presents incredible growth ...
Paytm Wallet now universally acceptable on all UPI QRs, online merchants
Paytm Wallet now universally acceptable on all UPI QRs, online merchants
Source: IANS
28/03/2023 9:07:47 AM
India`s Paytm wins regulator extension for payment aggregator licence application Indian financial technology company Paytm Payments Services Ltd has received an extension from the country's banking regulator to apply for a payment aggregator licence and aims to reapply in about 15 days, the company said on Sunday. Paytm Payments Services, in the meantime, can continue with the online payment aggregation business for its existing partners, without taking on any new merchants, the company said in a notification to stock exchanges on Sunday. Paytm Payments Services...
India`s Paytm wins regulator extension for payment aggregator licence application
India`s Paytm wins regulator extension for payment aggregator licence application
Source: Reuters
27/03/2023 8:49:34 AM
Paytm launches upgraded payments platform powered by 100% indigenous tech One97 Communications Limited (OCL), that owns leading payments and financial services company Paytm, on Friday announced the launch of its new technology platform that is built with 100 per cent indigenous developed technology. With this, the company said it has taken another step towards 'Atmanirbhar Bharat' to promote digital payments in the country. "By making sure that every component of our technology is made in-house, we have proved that India can build world-class te...
Paytm launches upgraded payments platform powered by 100% indigenous tech
Paytm launches upgraded payments platform powered by 100% indigenous tech
Source: IANS
25/03/2023 9:03:55 AM
Paytm empowers users to get 100% refund on cancellation of train tickets with `Cancel Protect`, provides instant refund with no questions asked policy * Offers no questions asked 100% refund of fare amount credited instantly into the source account * Provides most convenient train ticketing experience with features like PNR confirmation prediction, check PNR and live train running status   One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments, today announced that it has empowered Paytm Super App users to a...
Paytm empowers users to get 100% refund on cancellation of train tickets with `Cancel Protect`, provides instant refund with no questions asked policy
Paytm empowers users to get 100% refund on cancellation of train tickets with `Cancel Protect`, provides instant refund with no questions asked policy
Source: PR Agency
21/03/2023 3:33:15 PM
India markets regulator looks to plug gaps allowing founders to own stock options India's capital markets regulator is planning to change its rules to address concerns around founders and family members of tech or app-based startups owning shares under the employee stock ownership plan (ESOP), two sources told Reuters. The Securities and Exchange Board of India (SEBI) does not want founders to own stock options if they have rights akin to those enjoyed by promoters, the sources with direct knowledge of the matter said. A decision in this regard could come sometim...
India markets regulator looks to plug gaps allowing founders to own stock options
India markets regulator looks to plug gaps allowing founders to own stock options
Source: Reuters
17/03/2023 3:41:37 PM
Buy One 97 Communications (Paytm) Ltd For Target Rs. 600- Yes Securities Result Highlights * Revenue from operations: Revenue at Rs 20,622mn was up 7.7%/41.6% QoQ/YoY, sequentially driven by Financial Services and Commerce businesses * Payment processing charges: Payment proc. charges were down -1.1%/-5.8% QoQ/YoY and were 64% of Payments Serv. Rev., up/down 41/-1498 bps QoQ/YoY * Contribution profit: Contribution profit at Rs 10,480mn was up 24.3%/131% QoQ/YoY, translating to a Contribution margin of 50.8%, up 678bps QoQ * Expenses (excl Payment proc....
Buy One 97 Communications (Paytm) Ltd For Target Rs. 600- Yes Securities
Buy One 97 Communications (Paytm) Ltd For Target Rs. 600- Yes Securities
Source: Yes Securities
15/03/2023 2:34:19 PM
Paytm UPI LITE crosses 2 mn users with over half a million daily transactions Homegrown Paytm Payments Bank on Wednesday announced it now has over 2 million users on Paytm UPI LITE. The Bank recorded over half a million daily transactions for Paytm UPI LITE through the Paytm app, it said in a statement. "We have seen great adoption of Paytm UPI LITE, having crossed the milestone mark of over 2 million users within a short span of time," said a Paytm Payments Bank spokesperson. "With Paytm UPI, we bring lightning-fast payments that never fail, po...
Paytm UPI LITE crosses 2 mn users with over half a million daily transactions
Paytm UPI LITE crosses 2 mn users with over half a million daily transactions
Source: IANS
15/03/2023 12:33:53 PM
Paytm Foundation and UNEP hold Air Quality Action Forum Annual Conference to coordinate efforts to combat air pollution in India Paytm Foundation, a trust set up exclusively for philanthropic purposes, today announced that the Air Quality Action Forum’s (AQAF) first annual conference was held by the United Nations Environment Programme (UNEP) and the UNEP convened Climate and Clean Air Coalition (CCAC) in New Delhi. The event was attended by Mr. Amitabh Kant, India’s G20 Sherpa, Mr. Vijay Shekhar Sharma, MD and CEO, Paytm, and UNEP’s Goodwill Ambassador Ms. Dia Mirza. The Conference shared key find...
Paytm Foundation and UNEP hold Air Quality Action Forum Annual Conference to coordinate efforts to combat air pollution in India
Paytm Foundation and UNEP hold Air Quality Action Forum Annual Conference to coordinate efforts to combat air pollution in India
Source: PR Agency
14/03/2023 4:43:01 PM
Paytm monthly transacting users surge to 89 mn, leads offline payments with 6.4 mn devices Leading digital payments and financial services company Paytm on Monday announced its business operating performance for the two months ended February 2023. Consumer engagement on the Paytm Super App continues to see robust growth with the average Monthly Transacting Users (MTU) for the two months at 89 million, registering a growth of 28 per cent (year-on-year). The company said it is seeing consistent growth in merchant payments volume with the total merchant Gross Merchandise Value (...
Paytm monthly transacting users surge to 89 mn, leads offline payments with 6.4 mn devices
Paytm monthly transacting users surge to 89 mn, leads offline payments with 6.4 mn devices
Source: IANS
13/03/2023 9:22:41 AM
Paytm Payments Bank goes live with UPI LITE Paytm Payments Bank Limited (PPBL) has gone live with UPI LITE, a feature enabled by the National Payments Corporation of India (NPCI) for multiple small-value UPI transactions, thus empowering its users with lightning fast UPI payments, the company said on Thursday. With this, users can activate their UPI LITE accounts linked to their Paytm Payments Bank savings accounts for hassle-free transactions. For payments of up to Rs 200, UPI Lite eliminates the need of UPI PIN. UPI LITE is exc...
Paytm Payments Bank goes live with UPI LITE
Paytm Payments Bank goes live with UPI LITE
Source: IANS
9/03/2023 2:30:37 PM
Paytm enables lightning fast payments that never fail for its users; offers up to ?100 cashback on UPI LITE activation Paytm is offering assured welcome cashback of up to ?100 on activation of Paytm UPI LITE balance for the first time. On the Paytm App, UPI LITE enables lightning fast real-time transactions with a single click without using the UPI PIN.   With UPI LITE, users can carry out a large number of small value UPI payments without worrying about a cap on the number of bank transactions. This makes way for a hassle-free payments experience. The secure on-device balance, UPI LITE makes daily...
Paytm enables lightning fast payments that never fail for its users; offers up to ?100 cashback on UPI LITE activation
Paytm enables lightning fast payments that never fail for its users; offers up to ?100 cashback on UPI LITE activation
Source: PR Agency
7/03/2023 5:30:28 PM
Paytm signs MoU with Andhra Government to empower millions of merchants, street vendors One97 Communications Limited, that owns leading payments and financial services company Paytm, on Monday announced it has signed a memorandum of understanding (MoU) with the Andhra Pradesh government to drive initiatives in financial inclusion, public health and cyber security and empower millions of merchants, street vendors and hawkers in the state. The MoU was signed on the sidelines of the Andhra Pradesh 'Global Investors Summit 2023', in the presence of Saurabh Gaur, Secretary...
Paytm signs MoU with Andhra Government to empower millions of merchants, street vendors
Paytm signs MoU with Andhra Government to empower millions of merchants, street vendors
Source: IANS
6/03/2023 4:34:43 PM
Paytm collaborates with Ministry of Electronics and Information Technology Meity on `G20-Stay Safe Online Campaign   Indian mobile payments and financial services company Paytm has collaborated with the MeitY on ‘Stay Safe Online’ Campaign during India’s presidency of the Group of 20 (G20) intergovernmental forum.   G20-Stay Safe Online Campaign (www.mygov.in/staysafeonline) is aimed at creating  awareness among citizens about online safety as more and more people are rapidly adopting digital payments. The focus of the Stay Safe Online campaign is to promote ...
Paytm collaborates with Ministry of Electronics and Information Technology Meity on `G20-Stay Safe Online Campaign
Paytm collaborates with Ministry of Electronics and Information Technology Meity on `G20-Stay Safe Online Campaign
Source: PR Agency
3/03/2023 10:49:53 AM
Make UPI payments of up to Rs 200 without pin Paytm makes single click payments possible with UPI LITE Paytm UPI LITE enables users with quick and seamless transactions at a lightning fast speed on Paytm Super App. Users can carry out multiple transactions of smaller values of up to Rs 200 at one point. It allows users to add a maximum of Rs 2,000 twice a day, resulting in a total daily usage of up to Rs 4,000, at a single tap. Paytm UPI LITE offers faster real-time transactions as no 4-6 digit PIN is required to make any payment. Owing to the ease, convenience, superior user experience, se...
Make UPI payments of up to Rs 200 without pin Paytm makes single click payments possible with UPI LITE
Make UPI payments of up to Rs 200 without pin Paytm makes single click payments possible with UPI LITE
Source: PR Agency
1/03/2023 4:33:09 PM
Paytm now offers lightning fast UPI payments that never fail in peak hours Paytm Payments Bank has become the only platform to exclusively offer UPI LITE payments, which enables faster real-time transactions with a single tap on the Paytm app. Paytm UPI LITE will never fail even during peak transaction hours, even when banks have success rate issues, the company said in a statement on Friday. Paytm UPI LITE aims to make digital payments more accessible to people across the country. UPI LITE, enabled by National Payments Corporation of India (NPCI), aids use...
Paytm now offers lightning fast UPI payments that never fail in peak hours
Paytm now offers lightning fast UPI payments that never fail in peak hours
Source: IANS
24/02/2023 2:30:20 PM