Page 27 - Paytm

Diwali season: Paytm Wallet processes $1.6-bn transactions

60% of growth comes from Tier-II and Tier-III cities

Will invest $500 mn on KYC over 3 years: Vijay Shekhar Sharma

He says limiting cash loading to PPIs won't be a hindrance

Paytm creates Rs 1,000-cr war chest for festive sales

The firm will invest over Rs 1,000 crore in marketing, cash backs and promotional spends

Home Credit, Paytm tie up to enable easy EMI payment, cashless transactions

The tie-up is to initiate promoting seamless digital payments solutions and cashless transactions

RSS-affiliated Swadeshi Jagran Manch up in arms against Paytm

This statement comes amid India's border standoff with China in Dokalam

Paytm may team up with Alibaba to invest $200 mn in BigBasket: Sources

The firms are holding preliminary talks and may take a call on the matter in the next few weeks

Paytm promotes Kiran Vasireddy as COO-payments business

Kiran will be overseeing all product and business functions for the payments division

CCI approves Softbank's $1.4-billion investment in Paytm's parent firm

The move would help SoftBank maintain its bellwether status of being the lead investor in firm

Paytm invests in mobile loyalty start-up MobiQuest Technologies

It, however, did not disclose the details of the investment

Paytm acquires majority stake in Insider.In

This will enable all Paytm customers to discover a wide selection of events and book instantly

Paytm buys majority stake in ticketing platform Insider.in

Digital payments company estimates that market for organised events in India is around Rs 4,000 cr

Paytm may pick up minority stake in BigBasket for $200 mn

The due diligence is on and the deal could be finalised in the next few weeks, said sources

Paytm Mall digitising over 1,000 vehicle dealership catalogues

Plans to increase online usage and offline sales

You can now send money through Paytm without using the internet

Paytm has announced a toll-free number

Paytm seeks licence to set up public deposits fund

Firm plans to invest $1.6 bn over the next five years to expand the bank's wealth management

Paytm to flex offline muscle

Paytm is banking on its offline network of merchants to fight bigger rivals Amazon and Flipkart

Paytm Mall gets a new Chief Operating Officer

Amit Sinha will now be the new COO

Now Paytm your way through a traffic challan

Fret not next time you get hauled up by a traffic police officer and handed a ticket. Now you can pay for a challan with a few taps on the mobile phone. Paytm has launched a traffic challan payment vertical on its platform. The service is currently live in Mumbai, Pune and Vijayawada, and will be expanded to other cities soon. The company believes that it would be able to funnel through at least five million challans nationwide with a value of Rs 150 crore per year. "Vehicle owners can now log onto Paytm, tap on 'Traffic Challan', enter their vehicle number, and after verifying the details, proceed to pay for the challan. This will generate a digital invoice and the customer's surrendered documents will be dispatched via postal services by the respective police department," Kiran Vasireddy, senior vice president, Paytm said. Paytm has currently partnered with state police forces across Andhra Pradesh, Maharashtra, Kerala and West Bengal. Going forward, it will continue to forge ...

Paytm eyes 3X growth in train ticket bookings this year

Currently, 90% of the train ticket bookings on Paytm are done through the mobile platform

Paytm raises $1.4 bn from SoftBank, funding to expand payments bank ops

Will help it to grow its user base and introduce more financial products for consumers