Page 18 - Paytm

Pine Labs launches AllTap app to turn phone into payment acceptance device

With AllTap, small merchants who aren't ready to invest in a traditional point-of-sale terminal can immediately start accepting digital payments on their NFC-enabled smartphone

SBI Cards growth nears pre-Covid level on higher spends, new card sourcing

Asset quality needs monitoring as Q3's gross NPA ratio of 4.5 per cent is higher than average

UBS fund pursues $400 million stake in SoftBank-backed Paytm: Report

UBS aims to finalize an agreement as soon as this month

Paytm says could turn profitable in 2021 as Covid-19 earns it users

Vijay Shekhar Sharma said the crisis had forced more merchants to use PayTM's platforms as businesses were forced to accept digital payments

Paytm, PhonePe make most of digital adoption to disrupt BFSI space

Paytm launches instant personal loans 24x7 all year round in under two minutes, PhonePe unveils Term insurance

Paytm revenue up 1.4% to Rs 3,629 cr; losses decrease 30% to Rs 2,942 cr

The company's total expenses for the fiscal were reported as Rs 6,226 crore on a consolidated basis

WhatsApp means Business, joins payments companies in race for revenue

Even as Paytm, PhonePe and Amazon Pay collectively lost $1 billion in FY19, WhatsApp has come up with Business, its first revenue-making initiative in India

Sebi tweaks eligibility norms, paves way for fintech firms to set up AMCs

Entity can sponsor an MF even if it doesn't fulfill profitability rule; CIRP cos asked to have at least 5% public float

Elevation Capital to invest in a dozen startups from $400-mn new fund

The firm, earlier known as SAIF partners, will be deploying the full fund in the next 2-3 years

Amazon Pay revenue grew 64% to Rs 1,370 crore, losses increase 61%

After the closure of the financial year 2019-20, the firm has revised authorised share capital from Rs 6,000 crore to Rs 16,000 crore in an extraordinary general meeting held in September this year

Great leaders will make good policy decisions in India: Walmart CEO

McMillon said that competition with Amazon, Reliance, and Paytm is good as it will improve services, bring down costs for consumers and give additional value to producers

T Rowe hikes Paytm's valuation by 35% to take enterprise value to $16 bn

The mutual fund company had earlier cut down the valuation of Paytm to $188 a share due to the impact of the Covid-19 pandemic

China's Ant considers Paytm stake sale amid tensions with India: Report

Paytm, which is also backed by SoftBank Group Corp among others, was valued at about $16 billion during its latest private fundraising round a year ago.

Paytm refutes report suggesting China's Ant Group considering stake sale

Paytm on Wednesday refuted a report saying Chinese financial technology giant Ant Group, one of its key stakeholders, might be considering sale of its 30% stake

Top headlines: Ant considers Paytm stake sale, UK nod to Pfizer vaccine

US court rejects Trump rules limiting H1-B visas to skilled workers, Maruti Suzuki sees 'much better' 2021, govt gets three bids for BPCL, and more top headlines of the day

Paytm waives charges on merchant transactions; to absorb MDR of Rs 600 cr

This is to support micro, small and medium enterprises (MSMEs) during the ongoing pandemic the company said.

Paytm Money rolls out feature to help people invest in IPOs instantly

The service offers an interface to make changes, cancel or resend the bidding application within the IPO window.

Paytm Money to offer investments in IPO, aims for 8-10% market share

Fintech major Paytm said its wholly-owned subsidiary Paytm Money will now facilitate investments in Initial Public Offers

Promote competition

Govt is turning anti-consumer in digital payments

Dhanteras sale on Amazon, Flipkart, Snapdeal, Paytm: Know what is on offer

Dhanteras marks the beginning of Diwali festival and considered to be an auspicious occasion to buy precious metal in India