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Paytm Secures NPCI Nod To Onboard New UPI Users After Regulatory Setback

24 Oct 2024

Paytm, one of India’s leading financial services platforms, recently received approval from the National Payments Corporation of India (NPCI) to onboard new users for its Unified Payments Interface (UPI) services. This marks a significant relief for Paytm, following a regulatory setback earlier this year when its banking arm faced a...

Paytm Shares Skyrocket 11% After NPCI Greenlights New UPI Users

23 Oct 2024

Shares of payment aggregator Paytm experienced a significant rally, rising by as much as 11.01% to reach an intraday high of ₹763 per share on October 23, 2024. This surge follows the announcement that the National Payments Corporation of India (NPCI) has granted Paytm approval to onboard new UPI users,...

Paytm Set To Reapply For PA License As PPSL Receives Investment Green Light

12 Sep 2024

Paytm’s founder and CEO, Vijay Shekhar Sharma, has reiterated the company’s commitment to reapply for a payment aggregator (PA) license from the Reserve Bank of India (RBI). This announcement was made during Paytm’s Annual General Meeting held on Thursday, signaling a renewed effort to secure regulatory approval for its payment...

Paytm Set For Recovery After Regulatory Approval, Say Global Brokerages

29 Aug 2024

The recent government approval for One 97 Communications to make downstream investments in its payments arm, Paytm Payments Services Limited (PPSL), has reignited optimism among global brokerage firms. This approval is expected to bolster Paytm's recovery and growth as it embarks on its next operational phase. Leading global brokerages such...

Paytm Confirms No New SEBI Notice; Matter Already Addressed In Annual Financial Results

26 Aug 2024

One97 Communications, the parent company of Paytm, announced on Monday that it has made relevant disclosures related to the Securities and Exchange Board of India (SEBI) notice in its financial results for the quarters ending March 31, 2024, and June 30, 2024. The company received a SEBI notice during the...

Zomato Is Buying Paytm’s Entertainment And Ticketing Business For Rs 2,048 Crore- Deets Inside!

21 Aug 2024

On Wednesday, August 21, Zomato announced its decision to acquire the movie and events ticketing businesses of digital payments company Paytm for a total of ₹2,048 crore ($244.2 million). This acquisition is part of Zomato's strategy to diversify its operations beyond food delivery. The deal strengthens Zomato's position in India's...

Zomato to Acquire Paytm’s Movie Ticketing & Event vertical For Rs 1,500 Crores: Reports

16 Jun 2024

In a recent news, India's food delivery giant zomato is eyeing for a big fish. Discussions are around that the food delivery company is set to acquire paytm's movie ticketing and events business. This has been reported by a Bloomberg report. As of now, it is alleged that the dealings...

Paytm Emphasizes UPI, Card Processing, EMI For Strong Payment Growth

29 May 2024

Paytm, India's leading payments and financial services distribution company, is strategically focusing on Unified Payments Interface (UPI) alongside debit and credit card processing and EMI payments to propel its payment services business forward. These business lines are anticipated to play a pivotal role in Paytm's robust revival and uphold its...

Macquarie Reports Paytm’s Loan Disbursals Surge From Rs 9 Billion To Rs 20 Billion In April 2024

23 May 2024

India's leading payment and financial services company, Paytm, has received positive news from research firm Macquarie following its Q4 FY24 results. According to Macquarie, Paytm's loan disbursements rebounded to Rs 20 billion in April 2024, a significant recovery from the Rs 9 billion recorded in February 2024 due to regulatory...

Flipkart Launches Own UPI To Avoid Third Party Dependency

03 Mar 2024

Flipkart, a leading e-commerce platform, has introduced its own Unified Payments Interface (UPI) service for both online and offline transactions, accessible within and outside its application. This initiative aims to reduce Flipkart's reliance on third-party UPI apps like Paytm, PhonePe, Google Pay, and Amazon Pay. With over 500 million registered...

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Paytm

Paytm Secures NPCI Nod To Onboard New UPI Users After Regulatory Setback

Paytm Shares Skyrocket 11% After NPCI Greenlights New UPI Users

Paytm Set To Reapply For PA License As PPSL Receives Investment Green Light

Paytm Set For Recovery After Regulatory Approval, Say Global Brokerages

Paytm Confirms No New SEBI Notice; Matter Already Addressed In Annual Financial Results

Zomato Is Buying Paytm’s Entertainment And Ticketing Business For Rs 2,048 Crore- Deets Inside!

Zomato to Acquire Paytm’s Movie Ticketing & Event vertical For Rs 1,500 Crores: Reports

Paytm Emphasizes UPI, Card Processing, EMI For Strong Payment Growth

Macquarie Reports Paytm’s Loan Disbursals Surge From Rs 9 Billion To Rs 20 Billion In April 2024

Flipkart Launches Own UPI To Avoid Third Party Dependency

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