The Indian Multinational technology company, owned by One97 Communications, is a digital payment platform that also specializes in e-commerce and finance. It provides an easy gateway for online transfer of money along with services like bill payments More
RBI will propose a framework to compensate customers up to Rs 25,000 for losses incurred in small-value fraudulent transactions, Governor Sanjay Malhotra said on Feb 6
Paytm share price: The shares of the fintech platform dropped to Rs 1,115.60 apiece, the lowest level seen by the stock since September 30.
The company’s revenue from operations surged 20 percent to Rs 2,194 crore in the reported quarter, compared to Rs 1,828 crore in the year-ago period
In case the scheme is not extended or replaced, Paytm expects to offset the impact over time through higher revenues and more targeted sales efforts.
The approval is in addition to the authorisation for Online Payment Aggregation already granted by the central bank to PPSL last month.
Paytm has around 1.4 crore offline merchants using its various payment subscription devices
According to the filing, the licence will enable PPSL to continue offering payment aggregation services, and growth in this business segment will reflect in the consolidated financials of One 97 Communications Limited.
Paytm share price: ICICI Securities hiked its target price for Paytm shares to Rs 1,450 apiece from Rs 1,240 apiece. The latest target price implies an upside potential of nearly 17% from the stock’s previous closing price.
Even though Paytm's latest quarterly revenue is below its FY 24 December quarter, the reduction in expenditure and rising merchant subscriptions have helped the company post a net profit for two consecutive quarters
A quick way to clear your tax dues from your phone, without bank logins or branch visits.
Banks set different caps, and apps follow those rules, so knowing where to change the limit saves time and failed-payment stress.
Paytm stock was among the four companies included in the MSCI Global Standard index in its November rejig, a move likely to spur higher inflows into the stock
The profit decline was largely due to a Rs 190 crore impairment on its gaming joint venture, even as revenue growth and improved margins reflected stronger operating performance.
IndiGo is set for higher Q2 earnings, paytm likely to post second straight quarterly profit, analysts say; SBI's Q2 net profit, NII likely to slip as margins narrow and treasury gains ease, shows MC poll
Despite the AI buzz, India’s fintech and banking players are treading cautiously, experimenting, not overhauling, as they balance innovation with regulation in one of the world’s most tightly governed financial sectors.
The thing is that markets are a fascinating study in comparative degrees of lunacy. If you sell irrationality first, then resetting and selling rationality later is a piece of cake.
The board of One 97 Communications approved several intra-group transactions on October 15, to consolidate its financial and technology entities under direct ownership.
The company is developing its own lightweight AI model trained on merchant data to power personalised business insights.
Paytm share price: Paytm shares have risen more than 11% in the past five days, and around 57% in the past six months.
According to a report by News18, Paytm and Google Pay are rolling out a feature that allows users to personalise their UPI IDs, making them look as simple as an email address.
The move follows the Reserve Bank of India’s (RBI) tightened Payment Aggregator (PA) and Payment Gateway (PG) guidelines, issued on September 15, which bar PAs from facilitating payments to entities with whom they lack a direct contractual relationship.
The new service will offer 'Spend Now, Pay Next Month' convenience to the consumers, Paytm said.
WhatsApp has also introduced Advanced Chat Privacy, a feature users can switch on if they want an extra layer of control.
The acquisition adds 0.41 per cent to the fund’s holding in Paytm.
Paytm share price: PPSL, a wholly-owned arm, can now resume onboarding merchants — a process that had been under RBI’s freeze since November 2022.