Page 38 - Paytm

Paytm partners Booking.Com, to invest Rs 300 cr in travel segment

All accommodations available on Booking.Com will now be available on Paytm

Paytm wants a large pie of online travel market

Payment wallet Paytm is preparing for a journey to numero uno spot in the online travel space

Paytm begins insurance for mobile wallets

Online marketplace major Paytm has said it would provide insurance cover for the money stored in its e-wallets. Money lost due to fraudulent transactions as a result of theft, burglary, loss of device or unauthorised access to the user's Paytm wallet will be refunded. This cover is at no additional cost.The ministry of electronics and information technology (MeIT) had recommended to e-wallet and insurance entities to work in tandem in this regard. It had initiated talks in January this year. "All customers will be insured up to a limit of Rs 20,000 or their wallet balance, whichever is lower. In case of phone loss or theft, the customer must report to Paytm via e-mail or by calling its customer care within 12 hours," the company said. Paytm's QR code-based payment solution is being used at a little more than five million establishments. With no cost of the point-of-service terminal and zero transaction charges, coupled with the vast Paytm user base, the company is acquiring almost a ..

Paytm is globetrotting, enters Canada with an app for bill payments

Becoming one of the select few Indian startups to make a global entry, online mobile wallet major Paytm on Thursday said that announced today that it has launched bill payments service in Canada. According to the company, users in Canada will now be able to pay for their cell phone, cable, internet, electricity and water bills via the Paytm Canada app. Sources in the company said that while Paytm has started off with bill payment services, new features would be included into it as well. The company plans to assess the Canadian market and keep on adding services which are more in vogue and used in that country.In addition to this, users will also be able to pay for their insurance and property taxes by using the new Paytm Canada app. It is available on both Android and iOS in Canada, the company said. "We are excited to announce that starting today, consumers in Canada will be able to access the seamless Paytm experience that is already well-known in India for its convenience. We are ..

Good news for media websites, users: Paytm introduces auto-debit feature

After a one-time authorisation, the subscription amount will be auto-debited from Paytm wallet

Full text: Paytm suspends 2% fee on credit cards, here's why

We will introduce new features to prevent credit card misuse in add money, says Paytm

Paytm does a U-turn, rolls back 2% fee on recharge via credit cards

Company says that it would put in place new mechanisms to prevent misuse of credit cards

Now pay two per cent fee for recharging your Paytm wallet via credit cards

Move comes to tap merchants who exploited the loophole to gain credit points

Full text: Why Paytm will levy 2% fee to recharge wallet using credit card

Announcing few changes in Paytm Wallet

At $5 billion, Paytm is close to Flipkart in value

Alibaba buys back less than 1% stake held by Reliance Cap in the e-commerce company for $41 million

Reliance Capital sells nearly 1% Paytm stake to Alibaba for Rs 275 crore

This money was to be pumped into the group's payments bank operations

To expand e-retail biz, Paytm raises $200 mn from Alibaba, SAIF Partners

After this funding, Alibaba and SAIF Partners to have 36.31% and 4.66% stake in Paytm, respectively

Paytm E-Commerce becomes a unicorn with 200-million investment round

Paytm's ecommerce unit has become the latest Indian Unicorn (unlisted company valued at over a billion dollars) after raising a $200 million funding round led by Chinese e-commerce giant Alibaba.According to a filing with the Registrar of Companies earlier this week, Alibaba's Singapore unit will invest $177 million into Paytm E-Commerce Pvt. Ltd. with the remaining $23 million will be invested by SAIF Partners, an early investor in Paytm.Paytm announced plans to split its e-commerce business from its larger payments unit mid last year. The overall One 97 holding company enjoyed a valuation of $4.8 billion when it raised $60 million from Mediatek in August, but sources had said majority of the value would lie in the payments arm.With the investment from Alibaba, the marketplace unit of Paytm has also achieved unicorn status, with the funds being used to now help take on giants Flipkart and Amazon. The move also paves the way for Alibaba's formal entry into India's fast growing ...

Paytm crosses 200 million wallet user base

Mobile wallet major, Paytm announced today that its user base has crossed 200 million wallets. The company said that within three years of launching the Paytm Wallet, it has become most widely used and accepted payment method in the country.Since demonetisation the company claims to have made rapid strides in the wallet sector staking claims at the top position. The company has managed to in the last one year launch a variety of offline services which has increased the usage of phones at various points.Paytm wallet has moved from just mobile phone and DTH recharges, electricity, gas and water bill payments, to using it at milk booths, grocery stores, pharmacies and parking among other places."Reaching 200 Mn registered users and more than half a million users on a daily basis is a great showcase of the country's trust in our payment solution and reaffirms our belief in the need for a quick and easy cashless payment method. Going forward, we would continue to drive strong ...

Paytm launches online marketplace app - Paytm Mall

Paytm Mall aims to offer a combination of the Mall and Bazaar concepts to Indian consumers

Alibaba takes first step into India's marketplace with launch of Paytm Mall

The Paytm Mall is an Android app for smartphones is modelled on TMall

Donate at temples, churches with Paytm now

Siddhivinayak Temple in Mumbai, Cathedral Church in Delhi and ISKCON Temple in Indore go cashless

Paytm to invest Rs 600 cr in expanding its QR code-based payment network

Around 65% of overall transactions on Paytm are made through QR code-based offline payments

Paytm to invest Rs 600 crore to set up QR code-based payment systems

Paytm is investing in scaling up manpower, technology, and merchant education

Paytm clocks Rs 5,000 cr worth transactions in January

his was about 11% up from Dec transactions on the payments platform, says Vijay Shekhar Sharma