The e-wallet has been able to catch investors' eye to fund its e-commerce and payments bank venture even in a down market
Company, is on the verge of launching its payments bank, has been thinking of moving to unified Aadhaar-based verification system for its customers
Mobile wallet major expects to double its growth in next 6 months
Paytm, would use these fresh funds to bolster their 2 businesses
The company has been split into two separate entities, Paytm E-commerce Services and Paytm Payments Bank
Currently, Paytm has a little over 2,250 screens for which tickets can be booked online
Says aim is to become all-in-one vehicle booking platform in 6 months
Payments through Paytm will now be accepted at all 114 supermarkets of Heritage Fresh in Hyderabad, Bengaluru and Chennai
The Paytm Payments Bank will be headquartered in Noida and kick off its services from east and north to begin with
A new campaign by Paytm positions the mobile wallet service provider as a better alternative to cash payments even as it builds new use cases
Paytm developed a mechanism within the app to generate a one-time password and barcode, without the use of data connectivity
Purohit was looking after the branch and business correspondent network for Paytm's upcoming payments bank
The mobile wallet player has been granted the in-principle approval for launching payments bank
From payments bank to e-commerce, as it adds new businesses to its core e-wallet offering, many feel its growth model is getting muddled
Company currently has 120 mn customers and latest campaign aims to add to the number
The move eliminates the hassles of using cash for fuel bills and also strengthens Paytm's stronghold in digital wallets
Looking at profiles of students whose joining dates were delayed by e-tail giant
The association with Airtel is a part of Paytm's rapid expansion spree of strategic partners for its wallet services
According to Paytm, about 1,000 top brands are opening their online stores on its portal
Soon, every business that uses Alipay across 16 countries would also accept Paytm