Tag: Paytm
Paytm,Jio served govt notice for using PM’s image
Whole world is tracking Paytm now, says founder Vijay Shekhar Sharma
Paytm founder Vijay Shekhar Sharma exuded confidence in the achievements of his start up in the past year. Speaking at Paytm’s annual party, Sharma said, “We did in one year what others couldn’t do in 10”. However, the founder went a little overboard as he resorted to using expletives in[Read More…]
Paytm receives RBI’s final approval to launch payments bank
Paytm Payments Bank Ltd, an entity majority owned by One97 Communication founder Vijay Shekhar Sharma on Tuesday received the final approval from the Reserve Bank of India to launch. Paytm is now expecting to finally roll out the payments bank within the next 30-60 days. Paytm, which is likely to[Read More…]
Paytm, mobile wallet app, vanishes from App Store
The largest e-wallet Company Paytm, whose app has now over 170 million users and is facilitating seven million transactions a day, has delisted its iPhone and iPad apps on the Apple’s App Store after stumbling across bugs and other technical glitches. The company said it has pushed an update for[Read More…]
PayPal accuses online payments startup Paytm of stealing its logo
The California-based PayPal – a major payments company has accused India’s biggest digital payments startup Paytm of stealing its logo. In a complaint filed with the Indian trademark office, PayPal accused Paytm of using a logo that is “deceptively and confusingly similar” to its own. PayPal claimed that the Alibaba-backed[Read More…]
Mobikwik founder attacks Paytm, says company ‘dumping capital’ to gain customers
Mobikwik founder and chief executive officer Bipin Preet Singh on Tuesday said, Paytm has been “dumping capital” to gain customers even as demonetisation is throwing up opportunities for e-wallets and the competition in the sector is stiffening. Singh launched a scathing attack on the largest player in the sector on[Read More…]
India thrash England by an innings and 36 runs, clinch series 3-0
Ravichandran Ashwin completed his ten-wicket haul as India beat England by an innings and 36 runs in the fourth Test at Mumbai’s Wankhede Stadium. On the fifth morning of the Mumbai Test, the hosts took no time to end England’s second innings with Ashwin wrapping up the visitor’s tail early.[Read More…]
Paytm founder Vijay Shekhar Sharma raises Rs 325 cr, sells 1% stake
Digital payments and commerce platform Paytm’s founder and CEO Vijay Shekhar Sharma has sold 1% of his holding in One97 Communications to raise about Rs 325 crore. This money will be pumped into the group’s proposed payments bank. Sharma has sold the stake to one of the shareholders of One97[Read More…]
When will people debate on foreign policies?
In a republic, it is important to understand the public debates on issues like foreign policy. “Ye jo public hai sab jaanti hai” is a popular song of Bollywood movie called ‘Roti’. Does public know everything if yes, then why the public is not vocal on the issues of foreign policy? Is it[Read More…]
Paytm rolls back app-based PoS service, cites security reasons
Paytm has rolled back its app-based PoS (Point of Sale) service on Thursday temporarily citing security reasons. “Post our launch, we have had several discussions with stakeholders on how we can make this process even more secure”, Paytm said in a blog post. “Based on some suggestions from the industry,[Read More…]
Exclusive: RBI asks Paytm to revise final application for payments bank; central bank not comfortable with Paytm’s capital structure
The Reserve Bank of India has asked e-commerce portal Paytm to revise its final application for payments bank. Sources in Paytm said that the delay was to give the central bank further details on distribution. Sources in the RBI have told Newsd that the central bank was not comfortable with[Read More…]
Paytm reaches seven million daily transactions
With people being reluctant to shell out the cash they stood hours in line for, digital payments company Paytm said on Monday it witnessed over seven million transactions worth Rs 120 crore on Saturday. Paytm has crossed $5 billion GMV sales, four months ahead of its target, reports PTI. Gross[Read More…]
Sex workers, escorts take the digital route, use Paytm, MobiKwik
A day after Prime Minister Narendra Modi announced that notes of ₹500 and ₹1,000 will become “illegal”, sex workers and escorts alike have taken to mobile wallets in accepting money, according to news report published in the Hindustan Times. “Only Paytm users call or message me, otherwise don’t disturb …[Read More…]
Meet Patna’s tech-savvy ‘Paytm puchka-wala’
Perhaps the most ‘tech-savvy’ golgappa wala ever, Patna’s Satyam offers people the option of paying through mobile-based app- Paytm. This 12th pass vendor near Women’s college Magadh, hails from Samastipur, Bihar and comes from a humble background. His father is a farmer and he plans to pursue his education by[Read More…]