Payments services provider Paytm has terminated some agreements with its payments bank unit. Reserve Bank of India (RBI) has ordered the closure of this unit of Paytm. This decision was taken due to apprehensions regarding compliance. After this order of RBI, there was a huge fall in the shares of Paytm. According to Reuters report,…
The Financial Intelligence Unit (FIU) has imposed a penalty of more than Rs 5 crore on the banking unit of payment services company Paytm, which is facing difficulties. The reason for this is the violations in reporting illegal amounts sent through Paytm Payments Bank accounts. The FIU under the Finance Ministry has registered a case…
Recently, the banking unit of payment services company Paytm was ordered by the Reserve Bank of India (RBI) to shut down operations due to compliance violations. This increased the apprehensions of the fintech industry. RBI has given assurance regarding this industry. RBI Governor, Shaktikanta Das said that the action taken on Paytm Payments Bank (PPBL)…
If your phone is stolen or lost somewhere, the risk of misuse of the payment apps present in the phone increases. We are telling you how in such a situation you can prevent these apps from being misused. Payment services like Paytm, Google Pay, Phone Pe and others through Unified Payments Interface (UPI) have become…
Payment services company Jio Payments plans to enter the merchant payments solutions segment. This payment gateway and solution unit of Reliance Jio, one of the big telecom companies, has prepared to launch Soundbox for merchants. It will be similar to devices from Paytm, PhonePe and BharatPe. Jio Payments has started its trial. According to a…
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….
Paytm, which is associated with payment services, has planned to lay off about 20 percent of the workers in its banking unit. The Reserve Bank of India (RBI) has ordered Paytm Payments Bank to cease operations from March 15. For this reason it has been decided to make layoffs from this unit. This layoff will…
This week we are telling you about those gadgets on which you are getting discounts. iPhone 6s 128gb, Nexus 5Gadgets like wireless speakers, jam-free laser printer etc are at discount. 1- Apple iPhone 6S 128 GBPaytm Apple is offering a cashback offer of Rs 8,000 on iPhone 6S 128 GB. With this discount you apple…
Paytm, which deals with payment services, has received a Third-Party Application Provider (TPAP) license from the National Payments Corporation of India (NPCI). Paytm’s banking unit Paytm Payments Bank (PPBL) was ordered by the Reserve Bank of India (RBI) to stop services from March 15. The reason for this was the compliance violations committed by PPBL….
Today we are telling you about those products which are getting huge discounts under the exchange offer. Apple iPhone and MacBook Air including Surface Pro and laser printers are getting good discounts when bought online this week. Know about this. 1. Apple iPhone 6S 64GB Space GrayBefore the upcoming festive sale, you have a chance…