Articles about Paytm Payments Bank

Starting January 1, 2021, using the FASTag contactless payments system for crossing toll plazas across India will be mandatory.

In a bid to facilitate seamless travel payments across the country, Prime Minister Narendra Modi launched a new initiative termed 'One Nation One Card.'

After six months of inactivity, Paytm Payments Bank (PPB) has started adding new customers following a clearance by the Reserve Bank of India (RBI).

Although Paytm got off to a good start with its payments bank initiative, opening of new bank accounts and e-wallets abruptly came to a halt in August this year, thanks to the Reserve Bank of India (RBI).

Prime Minister Narendra Modi will tomorrow launch the India Post Payments Bank (IPPB) that seeks to leverage the expansive network of the postal department to ensure financial inclusion for the masses.

Paytm was founded by Vijay Shekhar Sharma in August 2010; it is based out of Noida.

Paytm is Noida-based E-commerce start-up that mainstreamed digital wallets in India, and helped us get rid of the unnecessary hassle of making cash payments.

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The Modi government's 2016 demonetization drive paved the way for cashless transactions in India and ever since the digital payments ecosystem has evolved dramatically.

The Modi government's 2016 demonetization drive paved the way for cashless transactions in India and ever since the digital payments ecosystem has evolved dramatically.

Paytm has revamped its iOS app with a new design, an updated home screen, and improved in-app navigation.

Vijay Shekhar Sharma, founder and CEO of India's biggest mobile wallet firm Paytm, has called Facebook "the most evil company in the world."

About 200 former and current Paytm employees have become millionaires after selling their stocks in the company worth Rs. 500cr.

The valuation of home-grown digital payments giant Paytm, owned by Noida-based One97 Communications, is likely to jump to $10bn after some existing and former employees sell a part of their shares to new investors, including Canada-based Discovery Capital. Information about other investors isn't available yet.

Only days after Facebook-owned global messaging platform WhatsApp launched its "WhatsApp Business" app, Indian digital payments giant Paytm has rolled out the "Paytm for Business" app.

Homegrown digital payments giant Paytm has now launched a physical ATM and debit card for its Paytm Payments Bank account holders.

Paytm has been expanding its range of services tremendously, and there's another new product in store.

In its regulatory filing to Registrar of Companies (RoC), Paytm Payments Bank informed that in the time period between August 2016 and March 31, 2017, it has incurred losses of Rs. 30.7 crore.

Paytm's rise to prominence during the demonetization-phase fuelled its ambition to get into the banking business.

One97 Communications-owned digital payments giant Paytm inked a joint venture deal with Hong Kong's lottery company AGTech Media, a wholly-owned subsidiary of AGTech Holdings.

Paytm founder Vijay Shekhar Sharma has a new property: 6,000-sq-ft residential premises worth Rs. 82cr at New Delhi's coveted Lutyens' zone, one of India's most expensive locations.

Paytm Payments Bank, in a gradual roll-out, will start operations in North India on May 23. In the first phase, it will offer accounts to users on invite-only basis.

Vijay Shekhar Sharma-led Paytm has been okayed by the RBI to start its payments bank; the Noida-based firm is expected to begin its operations under Renu Satti, from 23rd of May, 2017.

Paytm has received the final license for its payments bank from the RBI, clearing the way for its planned May 23 launch.

Since demonetization was announced on November 8, use of Paytm soared and it began to be adopted by small and big retailers in urban/rural areas.