In response to a video widely viral on social media, National Payments Corporation of India (NPCI) and Paytm have said that there is no way to use a smartwatch to scan FASTag and withdraw money from it. This video has become a cause of controversy at many places. The claim being made in the video…
After Flipkart, Amazon India and Xiaomi, now Paytm Mall has also joined the race of ‘Republic Day Sale’. In this sale, attractive discounts and cashback offers are available on Paytm on smartphones, tablets, laptops and cameras etc. In the sale, Paytm is offering up to Rs 10,000 cashback on smartphones, up to Rs 20,000 cashback…
Google, which is associated with online search, has started the facility to provide information to merchants through Soundbox for payments on its Google Pay app in India. This is similar to the payment sound alerts that merchants receive on Paytm and PhonePe. The Google Pay device has in-built speakers and an LCD display. It supports…
Paytm, which deals with financial services, may soon lay off workers. The company has said that it will cut its non-core assets. In the fourth quarter of the last financial year, the revenue of One 97 Communications, which runs Paytm, declined by 2.6 percent for the first time since its listing. The company’s revenue was…
The revenue of One97 Communications, the company of Paytm, which provides payment services app, increased by 42 percent in the last quarter to about Rs 2,062 crore. This is an increase of about eight percent on a quarterly basis. The company says that a major reason behind this is the increase in the number of…
Since it is the festive season, you too might be thinking of buying something special. In such a situation, it is very common to think of buying a new smartphone. Flipkart and Amazon are organizing their third sale in this festive season. Then how come Paytm is lagging behind, a mega cashback offer has started…
As Diwali 2018 season arrived, sales were organized on Amazon, Flipkart and Paytm. While Amazon Great Indian Festival and Flipkart Big Diwali Sale are ending today, Paytm sale will run till 7th November. If you want to buy a new smartphone or buy a Diwali gift before the Amazon, Flipkart and Paytm sale ends, then…
Payment services company Paytm, which has been facing difficulties for the last few months, has seen its share in Unified Payments Interface (UPI) transactions decline for the fourth consecutive month. Paytm’s share in total UPI transactions declined to 8.1 percent in May. In January, the Reserve Bank of India (RBI) had ordered the closure of…
Workers have been laid off from One97 Communications, Paytm’s payment services company. Earlier this year, the Reserve Bank of India (RBI) had ordered the closure of Paytm’s banking unit. Since then the company is facing difficulties. There has also been a huge fall in the share price of Paytm. One97 Communications has said in a…
Total gross merchandise value (GMV) at payments and financial services firm Paytm grew 35 per cent year-on-year to about Rs 2.65 lakh crore in April and May. Paytm’s average monthly transacting users (MTU) also increased by 24 percent to 9.2 crore in the last two months. in the last few years Paytm Has increased its…