New Delhi, Jan 17 (IANS) Homegrown Paytm Payments Bank Limited (PPBL) has got the final approval from Reserve Bank of India (RBI) to operate as Bharat Bill Payment Operating Unit (BBPOU) under the Payment and Settlement Systems Act, 2007, the company
New Delhi, Jan 12 (IANS) India’s leading digital payments and financial services company Paytm will be a key beneficiary of India’s Unified Payments Interface (UPI) incentive scheme, brokerage firm Morgan Stanley said on Thursday. The Union Cabinet on Wednesday approved the
New Delhi, Jan 9 (IANS) Leading payments and financial services company Paytm on Monday announced its business operating performance for the third quarter in FY23, saying its robust growth continues with Gross Merchandise Value (GMV) for Q3FY23 at Rs 3.46 lakh
Mumbai, Dec 19 (IANS) One97 Communications Ltd, that owns leading payments and financial services provider Paytm, on Monday launched ‘Paytm Payment Protect’, a group insurance plan in association with HDFC ERGO General Insurance, to insure transactions made through Unified Payments Interface
New Delhi, Nov 23 (IANS) Homegrown Paytm Payments Bank Limited (PPBL) on Wednesday said it supports and welcomes the proposed implementation of National Payments Council of India’s (NPCI) UPI market cap. With this, the UPI ecosystem in India will see further
New Delhi, Nov 21 (IANS) UPI payment apps like Google Pay, PhonePe, Paytm, and others may soon impose a limit on the transaction. Soon users may not be able to make unlimited payments via UPI payment apps. The National Payments
New Delhi, Nov 8 (IANS) Digital payments and financial services company Paytm on Monday posted 76 per cent year-on-year (YoY) growth in revenue to Rs 1,914 crore in Q2FY23, while EBITDA before ESOP cost improved 61 per cent YoY by Rs
New Delhi, Oct 29 (IANS) Prime Minister Narendra Modi had hailed financial services and digital payments leader, Paytm during his recent speech at the Mana village in Uttarakhand. Commending the increase in penetration of digital payments in the country, Modi said
New Delhi, Sep 23 (IANS) The adoption of digital payments in India has skyrocketed over the past few years, and the country is now one of the leading markets in the segment, driven by rapid adoption of online payments. While the
Mumbai, Sep 19 (IANS) Paytm, One97 Communications brand has announced that the company has now tokenized over 93 per cent of the monthly active cards on their application. The company has tokenized 52.3 million cards across VISA, Mastercard and RuPay in
New Delhi, Aug 6 (IANS) Digital financial services giant One97 Communications, that operates the brand Paytm, on Friday reported its Q1FY23 results, where it saw a massive jump in revenue from operations driven by strong monetiSation in payments, device subscriptions and
New Delhi, June 27 (IANS) The increase in prepaid payment instruments transactions could lead to higher than expected growth in wallet transactions and revenue for Paytm, says a Goldman Sachs report The Reserve Bank of India (RBI) on June 24 released
As the Reserve Bank of India (RBI) barred Paytm from taking on new customers for its Payments Bank, a new report on Thursday said that fintech platforms’ dominance in digital payments may not result in a significant data advantage over
New Delhi, Feb 6 (IANS) One97 Communications Limited, which Paytm, Indias leading digital payments and financial services company, has shared its Q3 FY2022 results. During the October-December quarter, the company saw its revenues jump by 89 per cent y-o-y to Rs
New Delhi, Jan 28 (IANS) Paytm, India’s leading digital payments and financial services platform, has elevated Madhur Deora to take on the additional responsibility as the CFO of One97 Communications Limited. Currently, Deora holds the role of the company’s Group President
New Delhi, Jan 24 (IANS) Food delivery platform Swiggy on Monday said it has raised $700 million led by Invesco, which will be utilised to scale its overall business along with giving a boost to its quick-commerce grocery service Instamart. At
New Delhi, Nov 27 (IANS) India’s leading digital ecosystem for consumers and merchants, Paytm announced its second quarter earnings report. The digital payments and financial services platform saw its revenue from operations grow by 64 per cent Y-o-Y to Rs 10.9
New Delhi, Nov 10 (IANS) Indias leading digital payments and financial services platform Paytm has closed the bid/offer for its IPO by being 1.89 times oversubscribed. From once being India’s highest valued unicorn to be on the verge of being the
New Delhi, Nov 10 (IANS) India’s leading digital payments and financial services platform Paytm’s IPO has now been fully subscribed on Day 3 of its bidding. The company is now set to be listed as India’s largest stock market debut. As
New Delhi, Oct 22 (IANS) Paytm is headed for a $2.2 billion IPO and multiple sources confirmed on Friday that the fintech giant is considering not to go ahead with the Pre-IPO plans so as to fast-track the companys market debut
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