Paytm Payments Bank Ltd (PPBL) has reconstituted its board of directors by appointing four new independent directors, days after regulatory action by the Reserve Bank of India (RBI). The new appointments come weeks after the RBI barred PPBL from onboarding new customers and directed it to stop taking fresh deposits from existing customers over violations […]
One 97 Communications, which operates the PayTM payments platform in India, revealed details of its October performance late on Sunday, hours before trading resumed in its shares after a volatile first day on Thursday. The company’s shares had fallen by a whopping 27% on day 1, wiping out around Rs 38,000 cr of investor wealth […]
Paytm, India’s largest digital wallet player, is reportedly planning to set up 1,000 ATMs across the country under a branding tie-up with Tata Communications Payment Solutions Ltd. Although Tata Communications did not confirm the news, the network connectivity provider said it has a “co-branding alliance” with a “leading payments bank recognized as India’s largest digital […]
Wallet players like Paytm, Mobikwik, PhonePe and AmazonPay have come up with cash back offers for Reliance Jio users who want to take advantage of the Rs 399 recharge scheme valid till today midnight. Last week, India’s largest wireless Internet provider said anyone recharging with Rs 399 to get 84 days of ‘free’ usage, will […]
PayTM, India’s biggest mobile payment company and a minority subsidiary of Alibaba Group, said it partnered with Indian Institute of Technology Kanpur to bring its cashless payment solution to the country’s premier engineering college. Under the program, students will be able to make payments using the mobile app at hostel canteens, medical store, tea stalls, […]
Bharti Airtel, India’s largest telecom company, will take a crucial step towards entering the financial services business as it launches its Payments Bank operation across India tomorrow. Payments Bank refers to a limited operations bank that can be primarily used for making transactions, and not for depositing money. The operator has already started operations of […]
Customers of PayTM, India’s largest wallet service can now make payments using the Unified Payments Interface, the government of India’s open payments platform. The company has signed up with ICICI Bank be able to receive payments from its customers who are on the UPI platform using its ID ‘paytm@icici’. However, customers cannot simply transfer the money to […]
PayTM, India’s largest wallet company, has been cheated to the extent over Rs 6.15 lakh by 48 customers claiming illegal refunds for goods they already received. The fraud does not involve any leakage of money from the wallet service, but is centered around claiming illegal refunds for goods that were ordered, and received via PayTM’s […]
PayTM, India’s largest wallet company, has been cheated to the extent over Rs 6.15 lakh by 48 customers claiming illegal refunds for goods they already received. A case has been registered with the Central Bureau of Investigation, which is currently looking into the matter. Besides PayTM, others such as Freecharge and MobiKwik are also present […]
New Zealand got of to a good start after the reduced India to 57-3 at the end of first session of the second Paytm test match at the Eden Gardens, Kolkata. Choosing to bat first, India lost Shikhar Dhawan early after he chopped a Matt Henry ball on to the stumps to be dismissed for […]
Samsung Z2 is now available exclusively online through Paytm for Rs 4,590. The phone launched last week comes with a 4.00-inch touchscreen display with a resolution of 480 pixels by 800 pixels. Samsung Z2 is powered by a 1.5GHz quad-core processor, 1GB of RAM and 8GB of internal storage that can be expanded up to […]
PayTM, arguably the most aggressive etailer in India as far as discounts are concerned, is now offering a free Reliance Communications’ 4G SIM with every 4G smartphone sold by the company. The 4G SIM will be delivered to the customer within 7 days of order the product, Paytm says on the product listing pages. The […]
