Secretary among 3 employees arrested for stealing data and blackmailing Paytm founder
India | October 23, 2018 13:33 ISTCharges under the provisions of the Information Technology Act have also been pressed against the accused, the police said.
Charges under the provisions of the Information Technology Act have also been pressed against the accused, the police said.
Three Paytm employees arrested for stealing data and blackmailing CEO Vijay Shankar Sharma
Three Paytm employees arrested for allegedly stealing data, confidential information and blackmailing owners for Rs 20 crore, says Noida Police.
With this Paytm has made foray into the Japnese market after successfully launching its services in Canada last year
More than 20 per cent of all payments on Paytm are made using BHIM UPI for mobile recharge and payments, electricity and water bills and DTH recharges, among others.
Paytm is testing a new "Face Login" feature on Android beta app that will help in further securing its platform and users will be able to log in the app just by looking at the phone.
However, the companies did not disclose the details of the deal which includes the stake size or the amount invested by the US-based Berkshire.
Of the 390 million Internet users, 80 per cent are from affluent socioeconomic segments and penetration amongst lower income segments is only 13 per cent, the findings showed.
Amazon is offering some excellent deals on Amazon's sale includes offers on smartphones including Honor Play, Samsung Galaxy Note 9, Huawei Nova 3i and the Blackberry Key 2.
"PayPay Corporation will team up with India's largest digital payments company Paytm, a SoftBank Vision Fund portfolio company, to utilise Paytm's technology and expertise in mobile payments," it added.
One97 Communications Ltd, which owns the brand Paytm, India's largest digital payments company, never shares any of its user's data with any third party agencies, stakeholders, investors or any foreign entity, it said.
Top performers of the programme would be announced on October 10 in a ceremony at the Paytm Campus in Delhi NCR, and be awarded up to Rs 1 lakh in cash prize along with full-time job offers from Paytm Mall.
Customers can load up to $250,000 in a financial year into the forex card and buy up to $3,000 as currency notes
Dubbed as ‘Prank Paytm’, the app shows a message mimicking the original Paytm alert saying that the payment has been made. However, during tallying the shopkeepers found that no such payments have been received from their end.
Paytm reiterated that their policy allows only legally compliant data requests from the "law of the land" to get access to data for necessary investigation.
A report was doing rounds on the social media that Paytm is sharing its users's data with third parties.
Paytm founder Vijay Shekhar Sharma has also demanded a level-playing field for all UPI-based apps.
The move by Paytm is expected to provide a big boost to the government-backed UPI payments interface.
These are the initial years for Paytm Mall and we have a long-term perspective on building a successful tech business, a Paytm Mall spokesperson said.
Mobile wallet interoperability will allow a Paytm user to transfer and receive funds from a FreeCharge or MobiKwik user.
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