It was a sheer stroke of luck that demonetisation came at a time when Paytm was almost ready to launch its payments bank
The company which has missed the deadlines set by itself for the launch of its payments bank is still several weeks away from the roll-out
It claimed over 70% of online mobile and DTH recharges done in the country are now being conducted on its platform
Paytm had hailed the ongoing demonetisation drive with advertisements displaying Prime Minister Narendra Modi's picture
Company is currently doing more transactions than the combined average daily usage of credit and debit cards in India
Business has slowed down since the currency ban, especially once people run out of a limited supply of low denomination notes
Paytm claims its user base has now reached 155 million users and growing at nearly half a million users a day
Currently, 8,50,000 offline merchants accept Paytm, says the company, reports Tech in Asia
As soon as the ad came out, the Twitterati trolled it calling the ad a bad take on the current situation of the common man
Eyes Rs 24,000 crore worth of transactions in FY17
Move is expected to help scale up paperless mobile ticketing operation across the country in a big way
Paytm ad on front pages of various newspapers on 9 and 10 November, thanks PM Modi "on taking the boldest decision in the financial history of independent India!
It focuses on expanding its board of directors with well known names
Paytm is still awaiting the final clearance from the RBI
Branded 'Maha Bazaar Sale', Paytm is gearing up to offer its best from October 12
An Economics student from Wharton School, he has led several important transactions in the internet space
The deal means that the 50-member team of EduKart will be absorbed into the fintech company across various verticals
According to sources, Paytm has expressed an interest for placing such ads on all 12,617 passenger trains
New health insurance scheme covers hospitalisation expenses of up to Rs 50,000, and it is extended to drivers accepting Paytm to receive fares
The safety and ease of Paytm's technology has made it a favorite among travelers