Dive into the tech & future
Paytm Payments Bank has launched UPI Lite payments feature which enables faster real-time transactions with a single tap on the Paytm app. The company claims that the Paytm UPI Lite will ‘never fail during peak transaction hours, even when banks have success rate issues’.The company reveals that using Paytm UPI Lite users can easily carry … Read more
One97 Communications-owned online payment service Paytm offers other services like ticket booking, bill payment and more. The mobile payment company has announced a new subscription to protect users against cancellation charges levied by airlines or bus operators. Customers can buy the ‘Cancel Protect’ premium which varies in cost across different bookings ranging from flights to … Read more
Paytm Payments Bank Limited (PPBL) has introduced UPI Lite. This feature enables real-time, small-value UPI transactions with just one click on the Paytm platform. The UPI Lite is a feature provided by the National Payments Corporation of India to promote digital payments by facilitating faster transactions.How to setup Paytm UPI LiteTo set up UPI Lite … Read more
Paytm Payments Bank Limited (PPBL) is now live with its UPI LITE, a feature enabled by National Payments Corporation of India for multiple small-value UPI transactions. The UPI LITE feature enables faster real-time transactions with a single click through Paytm as the bank aims to drive the adoption of digital payments across the country. Designed … Read more
Paytm allows users to make payments with Paytm UPI, Paytm Wallet, Postpaid and more. The One97 Communications Limited (OCL)-owned payments and financial services company has announced Valentine‘s cashback offer. In this offer, users can collect cards and earn up to Rs 140. To claim the reward, users have to earn up to 14000 cashback points … Read more
China’s Alibaba Group has sold its remaining stake in Indian digital payments firm Paytm for about Rs. 1,378 crore through a block deal, stock exchange data showed on Friday. The exit comes days after Paytm posted its first-ever quarterly operating profit as a listed firm, nine months ahead of its own target. Alibaba.com Singapore E-Commerce sold … Read more
Prime Minister Narendra Modi on Saturday shared a picture of a roadside tailor who had pasted Paytm QR codes into his sewing machine on social media, drawing attention to the wide acceptability of digital payments in India. “It is a typical sight across India…our people have demonstrated great dexterity in adapting to tech and innovation,” … Read more
Walmart-backed PhonePe said on Thursday it raised $350 million (roughly Rs. 2800 crore) from private equity firm General Atlantic at a $12 billion (roughly Rs. 97,700) valuation, making it India’s most valuable payments firm and giving it funds to expand into the lucrative lending space. A second tranche of investments from marquee global and Indian … Read more
Paytm has announced its partnership with the Indian Railway Catering and Tourism Corporation (IRCTC). As part of the collaboration, the payments app enables users to access useful train-related features, such as ticket booking, train tracking, and Passenger Name Record (PNR) status check.Being an authorised IRCTC partner, Paytm offers a variety of railway features on its … Read more
Payments through the Unified Payments Interface (UPI) touched a record high of Rs. 12.82 lakh crore in December. During the month, 782 crore transactions in volume terms were done on the platform, which was launched in 2016. “UPI has made major contribution in ushering digital payment revolution in the country. In December 2022, UPI has crossed … Read more