Tag "Paytm"

Paytm revamps app for a more intuitive UI

By : CIOL Writers

Digital payments wallet firm Paytm has rolled out a major update to its app. The overhaul drastically changes the layout of the mobile app making money transfers simpler and faster besides offering instant transfers from a user’s Paytm Payments Bank account,

Paytm Mall now a unicorn; gets Rs 3Kcr from SoftBank & Alibaba

By : CIOL Writers

While Paytm has been busy revamping its app, its e-commerce subsidiary Paytm Mall has gained coveted unicorn status after raising around Rs 3000 crore from Japan’s SoftBank and Chinese e-commerce giant Alibaba Group. SoftBank will invest Rs 2,600 crore in

Paytm Mall looking to raise $600M from SoftBank

By : CIOL Writers

Paytm Mall is in talks to raise $600 million from SoftBank and others at a valuation of over $2 billion, according to a report in Business Standard. Citing sources, the report says that the round will see participation from SoftBank, Singapore

Paytm launches Business app aimed at small merchants

By : CIOL Writers

Days after the launch of WhatsApp Business App Paytm has come up with a similar application. The digital payments network has launched Paytm Business App for Android users which lets new merchants sign up quickly and get a Paytm QR code.

Paytm Cash launched; cashbacks are now non-transferable

By : CIOL Writers

Paytm has launched a new version of Paytm Cashback in the form of Paytm Cash that makes cashbacks on the platform non-transferable. This means that the user will not be able to transfer the amount to other Paytm users or to any

Paytm Payments Bank appoints Nitin Chauhan as the new CISO

By : CIOL Writers

Paytm Payments Bank announced the appointment of Nitin Chauhan as its new Chief Information Security Officer(CISO). According to the company, Chauhan will be responsible for the company’s information security initiatives, setting up and enhancing the firm’s enterprise security strategies, infrastructure, and

Paytm sets up an investment arm, Paytm Money

By : CIOL Writers

Paytm, run by One97 Communications is starting a new investment advisory company- Paytm Money that will offer investment and wealth management products and will invest close to $10 million upfront in the new entity. Paytm Money will be the fourth consumer brand

Paytm introduces loyalty programme for its customers

By : CIOL Writers

India’s largest digital wallet Paytm has introduced “Paytm Loyalty Points” which customers can earn while doing activities on the platform. All cash backs that the customers receive on the platform will be accumulated on Paytm Loyalty Points. The loyalty points can

Paytm Payments Bank gets Rs 122cr infusion from founder and parent co.

By : CIOL Writers

Paytm’s parent company One97 Communications and its founder Vijay Shekhar Sharma have invested Rs 122 crore in Paytm Payments Bank, taking their total fund infusion to Rs 400 crore. While, Vijay Shekhar Sharma invested Rs 62 crore, the rest came from

Paytm invests in online lending startup CreditMate

By : CIOL Writers

One97 Communications-owned Paytm has invested an undisclosed amount in CreditMate, a Mumbai based startup which facilitates two-wheeler loans for customers without any credit history. As a part of this investment Paytm will leverage CreditMate’s proprietary credit and asset valuation technology

Paytm partners ICICI Bank to launch short-term credit product

By : CIOL Writers

Paytm has partnered ICICI Bank to launch ‘Paytm-ICICI Bank Postpaid’, which is an interest-free, short-term digital credit product. This instant credit could be used for bill payments, movie tickets, flight and other purposes. Paytm-ICICI Bank Postpaid is a digital credit account

Paytm integrates BHIM UPI on its platform

By : CIOL Writers

Paytm has finally integrated the BHIM UPI app on its platform. “We are now targeting 200 million monthly users in less than two years. UPI will also allow larger ticket size transactions,” said Vijay Shekhar Sharma, founder One97 Communications. The development comes

Paytm launches in-app messaging feature ‘Inbox’

By : CIOL Writers

India’s largest digital wallet app Paytm has launched Paytm Inbox, a new offering by the company that lets you chat with your friends and family, and send/ request money at the same time. The new feature is available in the

Flipkart, Amazon, and Paytm gear up for their ‘BIG’ Sale events

By : CIOL Writers

It seems like Diwali season has come a bit earlier this year, as e-commerce companies are all geared up to unveil their exclusive deals and discounts to lure consumers to shop whole-heartedly this festive season. The three biggest e-tailers of

Paytm Payments Bank partners NPCI for RuPay-powered digital debit card

By : CIOL Writers

Paytm Payments Bank has partnered with the National Payments Corporation of India (NPCI) to launch a RuPay-powered digital debit card. Through the new digital debit card, customers will now be able to transact at all merchants who accept credit and

Paytm payments bank gets additional Rs 60cr through rights issue

By : CIOL Writers

The board of Paytm payments bank has approved a Rs 60 crore rights issue for its existing shareholders, including Paytm founder, Vijay Shekhar Sharma, the firm said in a regulatory filing. “…the consent of the board is hereby accorded to

Paytm looking to acquire deal discovery startups Little and Nearbuy

By : CIOL Writers

Paytm is in talks to acquire not one but two deal discovery startups namely Little and Nearbuy, according to various media reports. Citing people in the know of the things, the reports say that Paytm has already had early-stage discussions with

Paytm renames its postcard service as ‘Lifafa’

By : CIOL Writers

Earlier this month, Paytm launched a new feature called the Postcard service- a digital version of ‘shagun’ which enables users to go cashless during festive occasions. The company is now branding its Postcard service that allows instant sharing of money across the

Paytm may soon launch a messaging service to rival WhatsApp

By : CIOL Writers

Digital payments company, Paytm is gearing up to launch an in-app chat messenger to rival WhatsApp, according to a WSJ report. Paytm, which has over 225 million users on its wallet app, reportedly plans to introduce the messaging feature within the next two

Paytm joins hands with lottery firm AGTech Media to set up a gaming company

By : CIOL Writers

Paytm, the Indian electronic payment and e-commerce company run by One97 Communications has entered into a joint venture with Hong Kong-based lottery firm AGTech Media to set up a gaming company in India. AGTech Media is a wholly-owned subsidiary of AGTech