Thursday, May 2

Search Results for: paytm

Know Why RBI Banned Paytm Payments Bank to Open New Accounts

It had been reported that RBI had banned Paytm’s payments bank from opening new accounts and e-wallets in August. Want to know why? We have the answer. RBI for the first time has disclosed the reasons behind the move. The four reasons! The apex financial authority of India said that the Noida-based company was in violation of know-your-customer (KYC) […]

Paytm’s Parent One97 Communications Crosses Rs 1 lakh crore Valuation Mark

The parent company India’s biggest payment services firm Paytm that is One97 Communications has reportedly and successfully crossed the valuation mark of Rs 1 lakh crore in the unofficial market. Talking about the unofficial market, the firm’s value has raced past the market capitalisation of listed blue-chips like IndusInd Bank, Mahindra & Mahindra, Bajaj Finserv, […]

Digging Into the Twists & Turns of Paytm Extortion Case

The case regarding Paytm that got hyped after Vijay Shekhar Sharma’s secretary Sonia Dhawan along with three other Paytm employees blackmailed him for Rs 20 crore against the leak of the confidential information of the company. Sonia Dhawan was the Vice President, Corporations/PR at Paytm and started her career in the company as Vijay Shekhar Sharma’s […]

Satish Kumar Gupta Apponited as the new Paytm Payments Bank CEO

Paytm Payments Bank has appointed veteran banker Satish Kumar Gupta as managing director and CEO. Gupta comes in after Renu Satti stepped down as CEO in July and moved on to head the company’s new retail business. Gupta was former deputy general manager at State Bank of India where he worked for over three decades. “I have been fortunate to […]

Paytm Employees Arrested for Blackmailing Vijay Shekhar Sharma for Rs 20 Crore

Paytm has been in news for a long time for various purposes. This time, it is something different and shocking. Three Paytm employees along with managing director Vijay Shekhar’s personal secretary have been arrested by the Noida Police on Monday. The step has been taken because the employees allegedly tried to extort Rs 20 crore […]

Paytm Launches QR code-based ‘PayPay’ Service in Japan with SoftBank, Yahoo Japan

Paytm has launched a QR-based smartphone payment settlement service in Japan called PayPay in collaboration with SoftBank and Yahoo Japan Corporation. Paytm had formed a joint venture called ‘PayPay’ corporation with SoftBank and Yahoo Japan, and its first offering is a smartphone-based settlement service that allows users to store money from a bank account in their “PayPay” wallet and […]

Digital Payments Giant Paytm Rolls Out Spam-Proof SMS Inbox

Digital Payments major Paytm has reportedly launched spam-proof SMS Inbox as a part of the Paytm Inbox. This feature uses proprietary Machine Learning (ML) methods and regulations to divide messages into personal, transactional and promotional categories. As stated by the company, the app will categorize the messages locally on the device. This would be done only after […]

Google Pay Updates its Privacy Policy Soon After Paytm’s Complaint

Google has reportedly updated the privacy policy of its Indian digital payments application Google Pay, days after the homegrown rival Paytm complained that the tech giant’s platform allowed disclosure of customer data for advertising and other purposes. In a letter to the National Payments Corporation of India (NPCI), Paytm complained that Google Pay’s privacy policy amounted to “clear disregard […]

Berkshire Hathaway Eyeing to Acquire Stake in Paytm

Warren Buffett’s Berkshire Hathaway is looking to acquire a stake in Paytm’s parent company One97 Communications Ltd. The amount that the company is eyeing to invest is around Rs 2,000-2,500 crore. This investment if implemented would be the first direct investment in India by the legendary billionaire investor.  It has been reported that the transaction […]