Page 21 - Paytm

Pvt banks charging fee on more than 20 P2P UPI transfers in a month: Report

Defending the move, bankers said that the charges have been introduced in a bid to prevent frivolous transactions from putting a load on the system

PhonePe gears up for IPO by 2023, eyes a valuation of $7-10 billion

The company's foray into financial services is going to play a key role in the firm becoming profitable and going public

Unlock BFSI 2.0: Covid has accelerated digital payment adoption by 5-10 yrs

Apart from accelerating its evolution in India, Sameer Nigam, CEO, PhonePe, said, "Covid has been very helpful in customer acquisition, even more than demonetisation"

Paytm launches portable Android-based POS device for Rs 499 a month

Paytm launched an Android-based, pocked-sized point of sale device that is enabled with integrated billing software, camera for QR scanning and supports 4G SIM cards Wi-Fi and Bluetooth connectivity.

Paytm appoints Bhavesh Gupta as Chief Executive Officer of lending business

Most recently, Gupta served as the founding member and chief executive officer (CEO) of Clix Capital

India is home to 21 unicorns, collectively valued at $73.2 billion

Eleven of these are backed by three Chinese investors

Paytm to launch stock-broking services within the next 2-3 weeks

The fintech unicorn, which received Sebi nod in Jan, has already diversified into insurance, e-commerce and banking services

Paytm, CEO Sharma to acquire general insurer Raheja QBE for Rs 568 crore

Raheja QBE will be acquired through QorQl Pvt. Ltd, a technology company in which Vijay Shekhar Sharma has majority shareholding.

Prism Johnson up 10% as board approves divestment of entire stake in RQBE

The company informed that the board has approved divestment of stake to "QORQL Private Limited, a technology company with a majority shareholding of Vijay Shekhar Sharma.

Paytm Payouts processed Rs 1,500 cr in salaries, other benefits for firms

Paytm Payouts is a digital money transfer service for businesses to help them make payments to their employees, vendors and business partners

Draft e-commerce policy soon, to be stricter on data norms and discount

Pricing - a prime complaint of domestic retailers - is set to be the focus, with the government considering an annual review of discounts given by e-marketplaces.

Govt wants 'origin of products' displayed, calls e-commerce firms for meet

This follows the Government e-Marketplace (GeM) platform making it mandatory for its listed sellers to specify the country of origin while registering all new products on the portal

IPL governing council meeting next week to review sponsorship deals

The meeting of the IPL Governing Council will review the yearly Rs 440 crore title sponsorship deal with Vivo

Paytm sets up largest campus with over 5,000 seats in Noida, Uttar Pradesh

Noida has been the headquarters of Paytm for over two decades now and the company is on-track to shift to the new premises by December this year.

Paytm to gradually shift Delhi-NCR ops to new Noida campus by end of 2020

Noida has been the headquarters of Paytm for over two decades now and the company is on-track to shift to the new premises by December this year

Scan to order: Paytm urges state govts to promote contactless food ordering

The company had earlier stated that it aimed to onboard over 100,000 restaurants for the solution in phase one

Paytm claims telcos not preventing phishing; HC seeks Centre, Trai response

A bench of Chief Justice D N Patel and Justice Prateek Jalan issued notice to the Ministry of Communication, Telecom Regulatory Authority of India and major mobile service providers

Paytm moves Delhi HC claiming telcos not stopping 'phishing' over networks

It has further contended that under the statutory regime it is the telecom companies responsibility to prevent such fraud and deter the fraudsters through blocking and/or financial disincentives

Lockdown 4.0: E-commerce majors gear up to resume operations across India

Red zones comprise about 130 districts of the country and analysts estimate that the e-commerce companies, as well as the retailers, witness at least 75 per cent demand from these locations

Flipkart, Snapdeal leverage technology to reach red, orange, green zones

At the e-commerce giant Flipkart, the teams first prioritised the areas and regions as per essential delivery guidelines by the government and then scaled it across cities