Paytm has announced that it has decided to end several agreements with Paytm Payments Bank (PPBL) in a mutual decision. The move comes as both companies aim to strengthen PPBL’s independent operations. Continue reading “Paytm ends inter-company agreements with Paytm Payments Bank ahead of RBI deadline”
Tag: Paytm
Paytm Pocket Soundbox and Music Soundbox devices launched
One97 Communications Limited (OCL), the parent company of Paytm, India’s prominent payments and financial services company, is proud to announce the launch of two payment devices – Paytm Pocket Soundbox and Paytm Music Soundbox. These devices are designed to provide enhanced payment experiences for merchants while being non-promotional. Continue reading “Paytm Pocket Soundbox and Music Soundbox devices launched”
Paytm UPI SDK for mobile apps launched
Paytm has unveiled the Paytm UPI Plugin SDK, offering a convenient solution for UPI payments in mobile apps. According to Paytm, UPI payments have reached impressive heights, with 9.4 billion transactions recorded in May 2023 alone. Continue reading “Paytm UPI SDK for mobile apps launched”
Paytm Wallet gets full interoperability on all UPI QR codes
Paytm Payments Bank (PPBL) has announced that Paytm Wallet can now be used on all UPI QR codes and online merchants. This means that customers with full KYC wallets can make payments on any UPI QR code and online merchant that accepts UPI payments. Continue reading “Paytm Wallet gets full interoperability on all UPI QR codes”
Paytm launches never fail lightning-fast UPI payments
Paytm Payments Bank has launched UPI Lite Payments, which will enable customers to make payments up to ₹200 with one tap on the Paytm app. This service will never fail, even during peak transaction hours, when banks have success rate issues. Continue reading “Paytm launches never fail lightning-fast UPI payments”
Paytm Payments Bank launches UPI LITE for faster small value transactions
PPBL, the Paytm Payments Bank Limited, has introduced a new feature called UPI LITE that allows for quick and easy UPI transactions with just one click. PPBL was also recently granted approval by the RBI to operate as a Bharat Bill Payment Operating Unit. Continue reading “Paytm Payments Bank launches UPI LITE for faster small value transactions”
Alibaba reportedly withdraws its holdings at Paytm
Alibaba, one of Paytm’s earliest investors, reportedly sold a 3.4% stake in the fintech company today, reducing its ownership to zero. According to sources close to the situation, in today’s block deal, Chinese investor Alibaba sold its entire stake in Paytm. Continue reading “Alibaba reportedly withdraws its holdings at Paytm”
Google India pilots ‘Soundpod by Google Pay’ for UPI payments
Google is testing a new device called “Soundbox” in India, which sends audio payment notifications to merchants. Some stores are reportedly receiving the devices for free, according to TechCrunch. Continue reading “Google India pilots ‘Soundpod by Google Pay’ for UPI payments”
Paytm denies link with Chinese loan merchants, after ED raids Paytm, Razorpay and Cashfree
Paytm has denied any link with Chinese merchants, and said that the funds seized by the ED do not belong to the company. This comes after India’s Enforcement Directorate (ED) on September 3rd conducted search operations at 6 premises of Paytm as well as Razorpay and Cashfree Payments in Bengaluru.
How to Check Credit Score on Paytm in just 4 Simple Steps
From today, Paytm, India’s digital payment company is offering free credit score check to its subscribers on its mobile app. Paytm users can click on ‘My Credit Score’ under their user profile section to check their credit score quickly. Continue reading “How to Check Credit Score on Paytm in just 4 Simple Steps”
Paytm teams up with SoftBank and Yahoo Japan to launch ‘PayPay’ QR-based Settlement Service
Paytm has announced that “PayPay” corporation, a joint venture between SoftBank Corp, Yahoo Japan Corporation, and Paytm has launched PayPay, a smartphone-based settlement service in Japan. PayPay is a feature-rich smartphone-based settlement service that allows users to store money from a bank account in their wallet and make payments with it. Continue reading “Paytm teams up with SoftBank and Yahoo Japan to launch ‘PayPay’ QR-based Settlement Service”
Paytm introduces spam-proof SMS Inbox using machine learning
Paytm today announced it is launching Spam-proof ‘SMS Inbox’ which will be a part of its widely popular Paytm Inbox. It uses the proprietary Machine Learning algorithms to classify SMS into Personal, Transactional & Promotional categories, offering a clutter-free experience. Continue reading “Paytm introduces spam-proof SMS Inbox using machine learning”
Paytm launches AI Cloud made-in-India AI-powered cloud computing platform
One97 Communications Limited today launched Ai Cloud – It’s own AI Cloud computing platform for developers, startups and enterprises. The company said that is made-in-India to offer suite of business-centric apps for organizations that need high-quality solutions for cloud computing, ready-to-use services to automate their workflow, easy to integrate payments, messaging and customer engagement without the need of managing hardware and software. Continue reading “Paytm launches AI Cloud made-in-India AI-powered cloud computing platform”
Paytm acquires smart-savings management startup Balance.Tech
Paytm today announced that it has acquired Bengaluru-based Smart-savings Management Startup- ‘Balance.Tech’. Paytm says that Balance.Tech team has great insights and track record in building such intelligent and elegantly designed products. Continue reading “Paytm acquires smart-savings management startup Balance.Tech”