Browsing: Paytm

Indian digital payments platform Paytm warned of job cuts on Wednesday after it said its net loss widened in the fourth quarter as it faces a…

The National Payments Corporation of India (NPCI), the governing body that oversees the country’s widely used Unified Payments Interface (UPI) mobile payment system, is set to…

India’s Paytm has secured a vital license it needed to survive and maintain the continuity of many key features of its namesake payments app, a day…

Vijay Shekhar Sharma, founder and majority owner of Paytm Payments Bank, stepped down from the troubled unit’s board days after India’s regulator signaled the go-ahead for…

India’s central bank has extended the deadline for some business restrictions on Paytm’s Payments Bank to March 15 in the “larger public interest”, dashing hopes of…

Macquarie has dramatically cut its 12-month price target for One97 Communications, the parent company of digital payments company Paytm, citing risks of customers leaving the platform…

India is facing a dilemma in enforcing long-delayed rules to curb the dominance of PhonePe and Google Pay over the country’s ubiquitous UPI payments network, which…

An Indian parliamentary committee has urged the government to support the development of domestic fintech players that can offer alternatives to Walmart-backed apps PhonePe and Google…

India’s central bank said on Thursday it takes supervisory action and imposes business restrictions only after “persistent non-compliance” with rules, its first comment since last week’s…

Reliance Industries spinoff Jio Financial Services said on Monday evening that it is not in talks with Paytm to acquire the wallet business, denying “speculative” media…