Amazon Pay India loss widens to Rs 1,868.5 crore

The company, which competes with players like Paytm, Flipkart’s PhonePe and Google Pay, saw its parent pumping in over Rs 2,700 crore investment in the financial year 2020.

published on : 12th December 2020

China’s Ant Group denies selling stake in Paytm

“Our mission is to empower half a billion Indians with digital financial services and pursue the vast opportunity presented by the digital financial revolution in our country.

published on : 3rd December 2020

Paytm Money to facilitate investments in IPO, aims for 8-10 per cent applications market share

Paytm Money has enabled investors to instantly apply for all the latest IPOs via UPI ID, linked to their bank accounts to quickly complete the application process.

published on : 30th November 2020

Paytm aims to disburse Rs 1,000 crore worth loans to merchants by March

The company said it will continue to offer collateral-free loans under the 'Merchant Lending Program' to Paytm for Business app users.

published on : 9th November 2020

NPCI’s 30 per cent cap on market share of third-party UPI players to impact consumers

Earlier this month, Walmart-backed Phone Be claimed it commands 40 per cent of the UPI market share with 250 million registered users.

published on : 9th November 2020

Paytm teams up with SBI Card to launch co-branded credit cards

The announcement comes barely a fortnight after Paytm said it will partner with various card issuers to introduce co-branded credit cards and was aiming to issue 20 lakh cards in the next 12-18 months

published on : 4th November 2020

Parliamentary panel questions Paytm about Chinese investment, storing of data in servers abroad

The panel members told Paytm representatives that the server on which customer data is stored should be based in India

published on : 29th October 2020

Paytm Money launches ETFs, aims for investment by 1 lakh users in 12-18 months

An exchange-traded fund (ETF) is a collection of securities people can buy or sell through a brokerage firm on a stock exchange.

published on : 26th October 2020

Data security: Amazon faces government action after failing to appear before Parliamentary panel

While saying that the whole thing amounts to breach of privilege, panel chairman Meenakshi Lekhi informed the reporters that the panel is unanimous on action by government.

published on : 23rd October 2020

Paytm to ramp up credit card business, plans to add 20 lakh users

India still remains a strong debit-card tilted market, with credit card penetration standing at just three per cent compared to 320 per cent in markets such as the US. 

published on : 20th October 2020

Paytm launches same-day bank settlement for businesses

The feature can be accessed from Paytm merchant dashboard or Paytm for business app.

published on : 13th October 2020

Flipkart partners Paytm for festive sale

Flipkart will host its annual 'The Big Billion Days' sale from October 16-21, while Myntra will hold its 'Big Fashion Festival' between October 16-22.

published on : 5th October 2020

Paytm launches Android Mini App Store for Indian developers

The development comes just weeks after Paytm's app was blocked from Google Play Store for a few hours for violating the latter's policy on sports betting activities.

published on : 5th October 2020

PayTM Mall's loss for fiscal year 2019-20 goes down by 60 per cent to Rs 479 crore

The company's total revenue for the reported financial year declined about 27 per cent to Rs 703 crore as compared to Rs 968 crore in 2018-19.

published on : 25th September 2020

Paytm calls out Google for 'arm twisting', highlights G-Pay's similar cashback campaign

The reaction comes after Paytm was de-listed from Google Play Support citing policy violations as result of a cashback campaign.

published on : 21st September 2020
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