Tag: PAYTM
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: e27.co
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: www.fintechroundup.com
Transactions on Paytm now insured via free insurance cover
Paytm announced a free of cost insurance cover for users’ e-wallets. Read more: www.thetechportal.com
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: www.thetechportal.com
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: www.fintechroundup.com
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: thetechportal.com
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: tech.economictimes.indiatimes.com
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: thetechportal.com
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: www.thetechportal.com
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: www.thetechportal.com