Page 27 - Paytm

SBI, Paytm Payments Bank, PhonePe lead in UPI transactions in February

SBI was the top remitter on the UPI platform in February, while Paytm Payments Bank led the chart in the beneficiary segment, as per data published by the National Payments Corporation of India

PhonePe cements position as leading UPI app, WhatsApp falls behind

UPI, India's flagship payments platform, recorded 2.29 billion transactions worth Rs 4.25 trillion in February.

SEBI approves Paytm UPI handle, helping firm in managing IPO applications

Paytm Payments Bank has entered into a partnership with Paytm Money to enable payment mandates for IPO applications

Sebi approves Paytm UPI handle for IPO applications

The move will enable fast and seamless payment mandates for IPO applications

Paytm NUE licence consortium most diverse: Vijay Shekhar Sharma

The NUE, whose idea was floated by RBI in August last year, is an alternative to the NPCI, which is the sole entity that manages retail payments right now

Paytm starts services for business to accept card payments on Android phone

Paytm has partnered with financial services institutions, including Visa and MasterCard, for facilitating card payments for Smart PoS

Paytm Money targets over 10 mn users, 75 mn yearly transactions in FY22

Young investors are the target audience for most of the new-age start-ups offering MF and other investments.

PhonePe leads UPI payments with over 970 mn transactions in February

The Walmart-owned firm, which competes with Google Pay, Paytm and Amazon Pay, now processes some 1.07 billion monthly transactions across UPI, cards and wallets

Paytm crosses 1.2 bn monthly transactions, maintains leadership position

Financial services firm sees 15% month-on-month growth in offline merchant payments

Vivo returns as title sponsor of IPL in 2021 after one-year gap

The announcement signals an end to the search for Vivo's replacement, which had gathered pace last week, following speculation that the Chinese company had made up its mind to exit the marquee event

Paytm eyes Rs 3,000 cr enterprise bill payment transactions by FY21-end

Paytm on Monday announced that its Enterprise Bill Payment System (EBPS), a part of Paytm Payouts, is expected to cross Rs 3,000 crore in transactions by FY21-end

PhonePe distributes ESOPs worth Rs 1,500 crore among all employees

The digital payments firm has rolled out the compensation to all its employees ranging from software engineers, product managers to customer experience and on-ground sales agents

Pine Labs launches AllTap app to turn phone into payment acceptance device

With AllTap, small merchants who aren't ready to invest in a traditional point-of-sale terminal can immediately start accepting digital payments on their NFC-enabled smartphone

SBI Cards growth nears pre-Covid level on higher spends, new card sourcing

Asset quality needs monitoring as Q3's gross NPA ratio of 4.5 per cent is higher than average

UBS fund pursues $400 million stake in SoftBank-backed Paytm: Report

UBS aims to finalize an agreement as soon as this month

Paytm says could turn profitable in 2021 as Covid-19 earns it users

Vijay Shekhar Sharma said the crisis had forced more merchants to use PayTM's platforms as businesses were forced to accept digital payments

Paytm, PhonePe make most of digital adoption to disrupt BFSI space

Paytm launches instant personal loans 24x7 all year round in under two minutes, PhonePe unveils Term insurance

Paytm revenue up 1.4% to Rs 3,629 cr; losses decrease 30% to Rs 2,942 cr

The company's total expenses for the fiscal were reported as Rs 6,226 crore on a consolidated basis

WhatsApp means Business, joins payments companies in race for revenue

Even as Paytm, PhonePe and Amazon Pay collectively lost $1 billion in FY19, WhatsApp has come up with Business, its first revenue-making initiative in India

Sebi tweaks eligibility norms, paves way for fintech firms to set up AMCs

Entity can sponsor an MF even if it doesn't fulfill profitability rule; CIRP cos asked to have at least 5% public float