June 07, 2023 01:24 (IST)
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Paytm boosts merchant payments leadership with 75 lakh devices deployed in Apr-May

India’s leading payments and financial services company Paytm on Monday announced its business operating performance for the two months ended May 2023.

Paytm promotes Bhavesh Gupta as president and COO

Mumbai: In a move to bolster its lending operations amidst growing competition in the digital lending sector, Paytm has promoted Bhavesh Gupta, a key executive in its lending division, to the position of President and Chief Operating Officer (COO).

SoftBank offloads 2% stake in Paytm parent One97 Communications

Multinational investment firm SoftBank Thursday communicated to the bourses that it has offloaded a little more than 2 percent stake in One97 Communications Limited, the parent company of Paytm, in compliance with the SEBI regulations, Moneycontrol reports said.

Paytm Payments Bank announces next gen features like UPI Lite

Kolkata: Paytm Payments Bank has announced a slew of new launches for Paytm UPI.

Paytm UPI LITE active on these 10 banks

India’s homegrown Paytm Payments Bank has enabled real-time lightning-fast UPI payments in one-tap via Paytm UPI LITE.

China's Alibaba offloads entire stake in Paytm

Mumbai/IBNS: China’s Alibaba Group has divested its entire stake in digital payments platform Paytm, news agency ANI reported.

Paytm and HDFC ERGO launch ‘Payment Protect’ a one-of-a-kind bite-size insurance policy to protect mobile transactions up to Rs 10,000

Kolkata: 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 in India, has launched ‘Paytm Payment Protect’, a group insurance plan in association with HDFC ERGO General Insurance, a leading general insurance company of India, to insure transactions made through UPI across all apps and wallets.

NPCI extends 30 pc UPI volume cap deadline for payment firms by 1 yr

New Delhi/IBNS: The National Payments Corporation of India (NPCI) has extended the deadline for Unified Payments Interface (UPI) players to comply with a market cap of 30 percent by two years to December 31, 2024.

Paytm offers cashback on booking LPG cylinders

Indian digital payments firm Paytm has started offering cashback on booking of LPG cylinders on its app across Bharatgas, Indane and HP Gas.

RBI asks Paytm Payment Services to stop onboarding online merchants; asks to reapply for licence as payment aggregator

Mumbai/IBNS: Paytm on Saturday informed the bourses that the Reserve Bank of India has ordered its subsidiary Paytm Payment Services Ltd (PPSL) not to onboard new online merchants, reported media.

Paytm Q2 Report: Consolidated loss widens to Rs 593.9 cr, revenue up by 76 percent

IBNS/New Delhi: Paytm's parent firm One97 Communications on Monday reported a widening in consolidated net losses to Rs 539.3 crore in Q2 ended Sept 30.

Paytm registers 6 mln loan disbursals during July-Aug period

Mumbai/UNI: One 97 Communication, the parent company of Paytm, Tuesday said its loan distribution business scaled to six million disbursals during the July-Aug period, aggregating to Rs 4,517 crore.

Sahreholders reappoint Vijay Shekhar Sharma to head Paytm for 5 more yrs

Vijay Shekhar Sharma has been once again appointed the Managing Director and Chief Executive Officer of Paytm as 99.67 percent of shareholders voted in favour of him.

Vijay Shekhar Sharma reappointed MD & CEO of Paytm

Paytm founder Vijay Shekhar Sharma has been reappointed MD and CEO of the fintech company for five years, the company said in informed the exchanges on Saturday.

Paytm parent reports Rs 2,396 cr loss in FY22; revenue grows 65 pc to Rs 5,264 cr

One97 Communications which owns the digital payments brand Paytm posted a consolidated loss of Rs 2,396.4 crore for the fiscal year 2022.