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Paytm Cuts Ties with Payments Bank Subsidiary to Foster Independence
New Delhi : Paytm, the prominent Indian digital payment platform, has severed its inter-company agreements with its subsidiary, Paytm Payments Bank (PPBL). This move comes amidst ongoing regulatory action by the Reserve Bank of India (RBI) against PPBL.
The decision... 
Fintech Under Focus: Nirmala Sitharaman Meets Industry Leaders Amid Paytm Concerns
New Delhi, February 20: Union Finance Minister Nirmala Sitharaman is scheduled to meet heads of fintech companies next week to discuss strict adherence to regulatory standards. This meeting comes amidst the ongoing challenges faced by leading fintech player Paytm, raising...
Paytm shifts nodal account to Axis Bank: What does this mean?
New Delhi, Feb 17 (IANS) In a bid to maintain seamless merchant settlements as before, financial services company Paytm has announced to shift its nodal account to Axis Bank, which was previously used with the Paytm Payments Bank Ltd (PPBL)....
Paytm denies reports on selling its wallet business, says 'market speculation'
New Delhi, Feb 5 (IANS) Leading financial services company Paytm on Monday denied reports that it is in talks with a few interested investors to sell its wallet business, amid the Reserve Bank of India’s (RBI) ban on the Paytm...
Saving Big: Paytm's smart move with AI to spur profit surge
New Delhi, Dec 20 (IANS) Fintech giant Paytm is leveraging artificial intelligence (AI) to revolutionise payments and financial services like wealth management, Paytm Founder and CEO Vijay Shekhar Sharma said in an interview with Bloomberg.
Paytm’s AI-driven strategy has helped... 
Gujarat CM Bhupendra Patel Meets Industrialists and Investors in New Delhi
Gandhinagar : Gujarat Chief Minister Bhupendra Patel met with leading industrialists and investors in New Delhi on Friday morning, ahead of the tenth edition of the Vibrant Gujarat Global Summit, to be held in January next year.
Patel held one-to-one...
Paytm scores profit for three straight quarters; posts revenue of Rs 2,342 cr, growth of 39% YoY in Q1FY24
New Delhi, July 21 (IANS) 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...
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. 35.jpg)
Paytm launches upgraded payments platform powered by 100% indigenous tech
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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. 