Digital payments major Paytm is looking at raising another round of funding of USD 1 billion, and is in discussion with multiple investors, including former UK Prime Minister David Cameron, according to sources. Sources close to the development said the discussions are on and might take a few weeks to get finalised.
Digital payments company Paytm on Monday said it has raised USD 1 billion (over Rs 7,000 crore) in funding from US-based asset management firm T Rowe Price and existing investors including SoftBank and Alibaba to fund expansion plans.
FASTag sticker can be issued via Paytm, Airtel or various govt. and private banks. Here's how you can top up the balance on the go.
Paytm wallet blocked and KYC verification messages are fake. Here's how to tell if the message is fake or real
Are you a Paytm user and often make online transactions through a bank or UPI? Then you need to be careful. According to reports, fraudsters are sending hoax SMS and are making calls about account suspension, account block, KYC or rewards, then don't fall for it. In its latest notification, Paytm has warned its users of online bank frauds and have asked them to be alert and careful from the scammers.
Digital payments firm Paytm on Monday said it plans to invest Rs 500 crore in early stage startups that build complementary technologies augmenting the digital ecosystem.
Digital platforms like Google Pay, Phonepe and Paytm offer easy gold buying option on their platform, buyers can buy gold worth any amount without any bar on the minimum purchase
Railways Tatkal ticket through Paytm: Now you can book Tatkal tickets through Paytm after 30 minutes from the opening of bookings.
Paytm Payments Bank (PPB) on Thursday has reduced interest rate on savings account deposits by 50 basis points to 3.5 per cent, with effect from November 9. The payments bank also announced a fixed deposit scheme, on which its customers can earn an interest of up to 7.5 per cent on their deposits though PPB's partner bank.
According to the company, owned by One97 Communications, it has sold over 100 million tickets within just three years of operations.
Paytm Postpaid service-disabled: Paytm, India's one of largest e-commerce payment system and digital wallet company has shut down one of its postpaid services-- Paytm Postpaid. However, Paytm has not yet issued any official statement in this regard.
#PaytmChorHai is trending on Twitter with users claiming to have lost their money.
The sources, privy to the discussions, said Kapoor has held preliminary discussions with Paytm.
UCWeb Global Business Vice President Huaiyuan Yang told PTI that the company's planned foray in e-commerce space will not have an adverse impact on Paytm, in which Alibaba owns 30.15 per cent stake.
The Reserve Bank of India Wednesday told the Delhi High Court that a Public Interest Litigation (PIL) cannot be used as a weapon to challenge the financial or economic decisions taken by the government or the RBI.
With the Reserve Bank of India (RBI) extending the deadline for mobile wallets to become fully Know Your Customer (KYC) compliant, people using PhonePe, Paytm, Amazon Pay or other such wallets will have no troudble doing their transactions as usual at least till February 29, 2020.
UPI apps user alert: Amid ongoing online banking or UPI-related scams, India's one of the largest private lender, ICICI Bank has issued an advisory for its customer. ICICI bank has warned all online banking users, especially those who use UPI apps-- Google Pay, PhonePe, Paytm, to be very cautious of frauds, in the wake of UPI-related scams.
Founder and CEO of Paytm Vijay Shekhar Sharma said, in the last one year, under Jadhav's leadership, the team at Paytm Money has built an entire organisation, product, and business grounds up.
Are you Paytm account holder and often do the online transaction through a bank or UPI then you need to be careful. In the latest notification, Paytm has warned its account holders or online bank frauds and have asked them to be alert and be careful from the scammers
Within a year of its launch, Paytm Money, the wholly-owned subsidiary of One97 Communications that owns & operates Paytm, has been able to grow to a user base of over 3 million with its focus on simplifying the investment experience.
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