Thu, Aug 29, 2024
Good news for Paytm, Paytm will invest in its payment services business, got approval for downstream investment from Finance Ministry.
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Thu, Mar 14, 2024
Paytm Payments Bank: Transactions stopped in Paytm Payments Bank after March 15, will stop deposit and credit transaction service in the bank, efforts continue to add third party aggregator, shifting from payment bank to merchant account banks like #PhonePe, #GooglePay. Will become a party provider.
Paytm news: NPCI has granted approval to Paytm parent One97 Communications to participate in UPI as a third-party application provider (TPAP) under the multi-bank model. Here are five key takeaways from this big story.
Wed, Apr 04, 2018
Telecom major Bharti Airtel was the first to begin payment bank services in November 2016. Paytm founder Vijay Shekhar Sharma promoted Paytm Payments Bank began operations from May 2017 last year while FINO Payments Bank Limited kicked-off in in June last year.
Fri, Feb 16, 2018
Paytm Payments Bank has partnered with the Startup Village Collective (SV.CO) to support women to join leadership roles in technology and engineering companies.
Wed, Nov 29, 2017
Paytm Payments Bank account holders will also be able to earn an interest of 4 per cent on savings every month. The account holders will also be offered a free insurance cover of up to Rs 2 lakh in case of death or permanent disability according to the terms and conditions, Paytm said.
Tue, Nov 28, 2017
The Finance Minister said that initiatives such as payments banks, which help towards formalization of economy, are no longer "drops in ocean but have become general pattern in society now".
Tue, Jul 18, 2017
CCI has approved stake acquisition by SoftBank in Paytm's parent company - One97 Communications.
Wed, May 24, 2017
PayTM starts its Payment bank. Watch the full segment for more details.
Tue, May 23, 2017
Paytm Payments bank launched today will have zero balance accounts with no minimum charge. The accounts will offer 4% interest rates on deposits. Zeebiz tells you how it works.
Paytm Payments Bank that will begin operations today will offer 4% interests on deposits. All deposits will be held in government bonds however the company said it was equipped to offer loans as well unlike other payments banks.
Thu, May 18, 2017
Paytm plans to use the investment to grow its payments ecosystem in India and expand its user base.
Thu, Apr 27, 2017
Paytm founder, Vijay Shekhar Sharma on Thursday announced the launch of Digital Gold - a wealth management product on its e-wallets platform.
Tue, Mar 21, 2017
As per the report, Paytm will refund money, as claimed by the user if the amount is unlawfully debited from the account or in case of loss of device.
Sat, Mar 18, 2017
Paytm currently has about 21.5 crore subscribers, Sharma said adding as against this SBI has 20.7 subscribers.
Thu, Mar 02, 2017
Chinese e-commerce major Alibaba, along with investment firm SAIF Partners, will pump in USD 200 million in Paytm's online marketplace unit.
Mon, Feb 27, 2017
E-wallet major Paytm has crossed 200 million customers on Monday with the total balance in wallets amounting to Rs 899.11 crore, Vijay Shekhar Sharma, CEO tweeted. Replying to a tweet Sharma said that the company adds 7,00,000 wallet users per day.
Thu, Feb 16, 2017
Mobile recharge to e-wallet and e-commerce platform Paytm owner Vijay Shekhar Sharma on Wednesday announced at the Retail Leadership Summit that the company wants to get nearly one third of India’s population on its portal.
Tue, Jan 03, 2017
The company has already invested Rs 220 crore in its payment bank platform.
Fri, Dec 09, 2016
Paytm founder Vijay Shekhar Sharma has sold 1% of his shares in One97 Communications to its shareholders for about Rs 325 crore. The amount raised will be utilised for Paytm's proposed payments bank operations, in which Sharma holds 51% stake.
Mon, Dec 05, 2016
Digital wallet service company, Paytm owned by One97 Communications Ltd, said on Monday that it will be converted into Paytm Payments Bank after the company is granted licenses by Reserve Bank of India.
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