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.
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.
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.
New Delhi: Paytm Payments Bank on Monday refuted media reports which claimed that data leak to Chinese firms are completely false, inaccurate and unverified.
Paytm's net loss widens to Rs 778 cr; revenue grows 89 pc to Rs 1,456 cr
Mumbai/IBNS: Fintech company Paytm on Saturday said it has recorded a net loss of Rs 778 crore for the quarter ended December 31, 2021.
RBI allows small finance banks and payments banks to conduct govt business
Mumbai/IBNS: Reserve Bank of India (RBI) has allowed scheduled payments banks and small finance banks (SFBs) to conduct government business.
Paytm shares plunge on weak stock market debut
Mumbai/IBNS: Digital payment app Paytm made a weak debut in the stock market with its shares nosediving by 26 percent on Thursday, media reports said.
Paytm IPO starts another season of market offerings
New Delhi/UNI: With the opening of the Rs 18,300-crore Paytm initial public offering -- for subscription on Monday, yet another season of blockbuster IPOs is ready to open up in the Indian market.