Saturday, July 20, 2024


Alibaba-backed Paytm forays into digital gold

Consumers can buy and sell gold using their Paytm account for as low as $0.02 which will then be stored in lockers. Read more:

SoftBank plans $1.5bn investment in India’s Paytm

Japanese investment giant SoftBank plans to invest as much as $1.5bn into Indian payments firm Paytm. The investment will see Paytm valued at as much as $9m. Read more:

Transactions on Paytm now insured via free insurance cover

Paytm announced a free of cost insurance cover for users’ e-wallets. Read more:

Paytm can be used as a payment channel for digital services

Paytm has now started recurring payments service for the companies working on a digital-subscription model for generating revenues. Read more:

Paytm-investor K2 Global closes new $183m fund

Silicon Valley and Singapore-based VC firm K2 Global has closed its new fund with $183m to invest across Asia and the US. Read more:

Paytm ties up with 30 religious institutions to enable e-donations

Digitisation in the country is not only having an impact on mortal beings but is now also clutching Gods under its grip. Read more:

Paytm E-Commerce and Snapdeal held merger talks

About a month back, exploratory talks had been held on merging Paytm's marketplace with Snapdeal in an all-stock transaction. Read more:

Paytm to invest further into QR-based payments

Scoring big due to government’s demonetisation move, the digital payments major Paytm is now planning to bulk up its technological payment solutions. Read more:

Mobikwik alleges Paytm of reporting inflated user base

One of the co-founders of Mobikwik, Upasana Taku, claims that Paytm is misleading the populace of the country by posting inflated user base and transaction numbers. Read more:

Paytm gains permission to launches its Payments Bank

The Reserve Bank of India has granted the company permission to formally announce the launch of its Paytm Payments Bank. Read more: