Search For "paytm payments"
Paytm Payments Bank on top among merchant acquiring banks with almost 40 p
Updated : 2 years, 9 months ago IST
As India is rapidly adopting UPI-based payments, Paytm Payments Bank, an Indian homegrown company, has been at the forefront of leading this revolution in the banking space.
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Paytm UPI Lite crosses 4 mn users with 10 mn transactions so far
Updated : 2 years, 11 months ago IST
Paytm UPI Lite continues to gain rapid popularity among the masses to carry out small-value transactions of up to Rs 200 in a single tap, according to a statement from Paytm Payments Bank.
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Paytm brings lightning-fast UPI payments that never fail
Updated : 3 years, 1 month ago IST
Paytm UPI LITE aims to make digital payments more accessible to people across the country. UPI LITE, enabled by National Payments Corporation of India (NPCI), aids users to carry out multiple small value UPI transactions without using a PIN.
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Paytm Payments Bank becomes first to launch UPI LITE feature
Updated : 3 years, 1 month ago IST
Designed by the National Payments Corporation of India (NPCI), UPI LITE was launched by the Reserve Bank of India in September 2022. It also de-clutters the bank passbook of small value transactions, as these payments would now only show in the Paytm balance and history section, and not in t
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Alibaba exits India - sells its entire stake holding in Paytm
Updated : 3 years, 1 month ago IST
With this sale, Alibaba is no longer a stakeholder in Paytm. The company had sold around 3.1 per cent of 6.26 per cent equity in Paytm in January.
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Paytm may see profitability in March, two quarters ahead of expectation; G
Updated : 3 years, 2 months ago IST
Paytm is expected to be adjusted EBITDA positive in March 2023, two quarters ahead of the estimates and the company's guidance of September 2023.
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Paytm Payments Bank gets final nod from RBI to operate Bharat Bill Payment
Updated : 3 years, 2 months ago IST
Paytm Payments Bank Limited (PPBL) received final approval from the Reserve Bank of India to operate as Bharat Bill Payment System services under the Payment and Settlement Systems Act, 2007, said a press release on Monday.
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Paytm to be key beneficiary of UPI incentive scheme, may cash in 5-7% of t
Updated : 3 years, 2 months ago IST
The Union Cabinet on Wednesday approved the incentive scheme with a financial outlay of Rs 26 billion for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (P2M) for 2022-23, compared with Rs 15 billion in 2021-22.
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Paytm's average consumer engagement rises 32% in October-December quarter
Updated : 3 years, 2 months ago IST
During the said quarter, the overall engagement on its Paytm Super App platform in terms of average monthly transacting users (MTU) was at 85 million, it apprised stock exchanges through a filing.
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Paytm leadership strengthens as fintech firm's loan distribution jumps 150
Updated : 3 years, 3 months ago IST
The fintech firm Paytm's loan distribution business scaled to 6.8 million loans disbursed during the two months ended November 2022, a year-on-year growth of 150 per cent.
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RBI asking subsidiary to resubmit payment aggregator license won't affect
Updated : 3 years, 3 months ago IST
As the Reserve Bank of India (RBI) directed Paytm Payment Services Limited, a subsidiary of Paytm, to reapply for a payment aggregator license in 120 days, analysts have said that the move will not have any impact on Paytm and they believe the company will deliver robust growth.
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Paytm Payments Services to resubmit application for authorization to provi
Updated : 3 years, 4 months ago IST
The fintech company said that it has received a letter from the Reserve Bank of India in response to an application from its subsidiary for the authorization to provide payment aggregator services for online merchants.
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