Page 3 - Paytm Payments Bank

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

Covid-19: Paytm Payments Bank crosses Rs 1,000 crore in savings deposits

PPBL has been witnessing an accelerated rise in the deposits, as more people are embracing digital banking during Covid-19.

Paytm Bank to issue 10 mn Visa virtual debit cards to customers by 2020-21

The bank said in a statement it is already the largest issuer of RuPay debit cards and has the "fastest growing" bank account base.

Paytm Payments Bank restricts transactions into Yes Bank accounts

"Paytm Payments Bank Ltd (PPBL) today (Friday) announced that they are restricting transaction settlements, including UPI, into Yes Bank accounts to safeguard their users' money," PPBL said in a state

Telecom players should act fast to counter menace of online frauds: Paytm

Paytm Payments Bank, which also houses the Paytm wallet, recently filed an FIR against fraudsters

Paytm Payments Bank to help spot apps that may trigger fraud transactions

It is also leveraging artificial intelligence to immediately identify and block suspicious activities

Paytm Payments Bank submits list of 3,500 fraud phone numbers to Trai

Paytm also suggested that telecom operators who sell bulk SMS services should follow stringent KYB process

Paytm Payments Bank says it issued 600,000 FASTags in November

PPB said it sold 6 lakh tags in the month of November, and claimed that it has equipped over 1.85 million vehicles with FASTags

Paytm raises a billion dollars at a valuation of $16 bn, plans expansion

Ant Financial and SoftBank back it with full force; money will go for expansion in small cities, towns

PIL cannot be used as a weapon to challenge our decision: RBI in Delhi HC

The RBI made the submission in response to a PIL alleging that online payments platform Paytm was providing lending facilities in violation of the law regulating such activity

Paytm Payments Bank breaks even in 2nd year, posts FY19 profit of Rs 19 cr

Paytm Founder Vijay Shekhar Sharma holds 51% share in Paytm Payments Bank

Paytm Payments Bank to offer risk-free insurance, MF products by June: MD

The Paytm Payments Bank has 4.4 crore savings bank accounts with a deposit of over Rs 400 crore

Paytm Payments Bank resumes customer on-boarding after RBI's go-ahead

Company's founder Vijay Shekhar Sharma on Tuesday morning tweeted asking users to open saving accounts at the payments bank

Paytm Payments Bank posts Rs 207-mn loss in FY18; income rises to Rs 7.2 bn

Paytm Payments Bank's total income grew to Rs 7.21 billion in the financial year ended March 31, 2018

Paytm Payments Bank is still not allowed to add new customers, says CEO

Chief executives of two payment banks, Airtel and Paytm, stepped down following a scrutiny by the RBI

Paytm Payments Bank CEO Renu Satti resigns, to head new retail unit

The company is planning to raise $500 million for the unit, a model to be used to equip shopkeepers with technology, logistics and marketing capabilities

Paytm Payments Bank, IndusInd tie up for FD facility

Additionally, if a customer becomes a senior citizen before the maturity period

100,000 'Paytm Ka ATMs' to be set up across India

The company has also introduced a dedicated 'Bank' section on the Paytm app where it has made available a range of banking services.

Paytm Payments Bank books Rs 30-cr loss in 7 months

The company plans to expand to 31 branches and 3,000 customer service points by end of first year

Paytm Payments Bank users can now digitise all transactions, earn interest

Every Paytm customer who has completed the Paytm KYC process can now have a consumer beta of bank account