Paytm Payments Bank will stop providing services like deposits and credit transactions from March 15. As per the instructions of the Reserve Bank of India, Paytm Payments Bank was banned on January 31 citing serious violation of rules. Bombay Stock Exchange (BSE) has also issued guidelines for investors who use the bank for stock trading….
The country’s most popular digital payment platform Paytm opened its payments bank to the public last month. Earlier, Paytm Payments Bank was in beta phase since its launch in May. At the time of launch, users could sign up only through an invite-based system. But now, users can open a savings account in Paytm Payments…
The Reserve Bank of India (RBI) has banned new deposits and credit transactions in the service of Paytm Payments Bank Limited. According to the Reserve Bank, the audit report has revealed that the bank has not followed the rules and guidelines. However, after this news spread like fire, there are many misunderstandings among the people….
Paytm launched its payment bank in India on Tuesday. The company has made a big announcement in newspapers and its blog post This information was given by issuing a public notice in 2015. Paytm Payments Bank has been delayed for several months. But according to the notice, Paytm’s wallet business has been transferred to the…
Flipkart has launched Unified Payment Interface (UPI) service in collaboration with Axis Bank. Flipkart UPI service will be initially available for Android users and can be used for online and offline payments. Customers can now pay bills and transfer funds directly from the Flipkart app. Flipkart UPI will compete with other popular third-party UPI apps…
Paytm: Paytm users, please note! Many services of the company’s flagship service ‘Paytm Payments Bank Limited’ (PPBL) are being shut down from today. Last month, the Reserve Bank of India (RBI) had asked Paytm Payments Bank to shut down all its services. Now, Payments Bank customers will not be able to deposit money in their…
On January 31, 2024, the Reserve Bank of India (RBI) barred Paytm Payments Bank (PPBL) from opening new accounts, accepting deposits in existing accounts and completing KYC processes due to some serious deficiencies. After this news came out, there was a sudden uproar and many rumors started spreading on social media. However, both Paytm and…