Paytm's monthly transacting users (MTU) was up 32 per cent from 64 million in December 2021 to 85 million in December 2022. The Gross Merchandise Value (GMV) processed through the platform saw a 38 per cent growth y-o-y in December to Rs 3.46 lakh crore.
Paytm gift cards are available for instant use, have long validity, can be used online & in-store, and can also be redeemed during sales. The wide variety of gift cards from Paytm ranges from categories like fashion & accessories, grocery & essentials, food & ordering, and jewellery brands to furnit
Paytm continues to strengthen its leadership in offline payments with more than 5.5 million merchants now paying subscriptions for payment devices. Paytm Soundbox is the sound of merchant transactions in India, with a new merchant and their customers being greeted by its melody every six seconds.
Institutional Investor Advisory Services (IiAS) on Monday said the buyback of shares at less than Paytm's IPO launch price of Rs 2,150 apiece will favour Paytm's pre-IPO shareholders.
Paytm has a liquidity of Rs 9,182 crore, as per its last earnings report. The company's board is scheduled to meet on December 13 to consider a share buyback proposal.
Here are five online payment modes which will enable the user to make a quick payment. These platforms will help you make payment quicker, safer and more accessible.
Paytm has announced that its Postpaid service has crossed the 6 million users benchmark and is accepted by over 15 million online and offline merchants- as per the second quarter-end report for FY 2023.
UPI transactions: In August 2020, the total number of Unified Payment Interface (UPI) based digital financial transactions stood at 6.57 billion (657 crore).
Paytm has launched a new Transit Card for Mumbaikars which will enable the people of Mumbai to make payments for multiple purposes travelling via Mumbai metro, buses and trains. The Transit card will let the user make all-in-one payments from a single Paytm card.
Chinese loan app case: The searches were launched on September 14 at multiple premises of the accused in Delhi, Mumbai, Ghaziabad, Lucknow and Gaya.
Chinese loan app case: The last raids were conducted on September 3 at the premises belonging to online payments gateway, including Razorpay Pvt Ltd, Cashfree Payments and Paytm Payment Services Ltd.
Mastercard replaced Paytm, the earlier sponsor who held the rights for seven years.
Paytm said that none of the funds frozen by the Enforcement Directorate (ED) belongs to it or any of its group firms.
Paytm app users can access the list of private and government hospitals that offer the benefits of PMJAY. Eligible users can quickly locate the nearest hospital, enrolled under the PMJAY scheme and access the entire spectrum of health insurance available.
According to the scrutinizer report, 99.67 per cent votes were in favour of Sharma's re-appointment while only 0.33 per cent voted against the resolution.
Paytm continues to maintain its leadership in offline payments with rapid growth in merchant base and device adoption, enabling the company to
Paytm users had been complaining that they have been trying to sign in, but rather getting a message which reads: "Something went wrong, please try again after some time". And this has been happening repeatedly.
Digital wallet usage is increasing and the research recommends that QR code payment vendors integrate loyalty features and personalised marketing capabilities to incentivise merchant acceptance, which will be critical to driving adoption.
Paytm: According to the report, the data compromised included phone numbers, email addresses, dates of birth, genders, geographic locations, income levels, names and purchases of the nearly 3.4 million users.
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