Paytm receives RBI green signal to be payment aggregator for offline, cross-border transactions
The company stated that the RBI approval enables it to offer end-to-end payment aggregation services to merchants across multiple transaction formats.
The company stated that the RBI approval enables it to offer end-to-end payment aggregation services to merchants across multiple transaction formats.
In a refreshing sight that caught the attention of many on X (formerly Twitter), Paytm Founder and CEO Vijay Shekhar Sharma was spotted travelling in the Mumbai Metro on his way to the Global Fintech Festival (GFF) 2025.
Digital payments and financial services major Paytm on Saturday said it will seek resolution of alleged FEMA contraventions related to two acquired subsidiaries — Little Internet Private Limited (LIPL) and Nearbuy India Private Limited (NIPL).
The Securities and Exchange Board of India (SEBI) on Thursday passed a settlement order against Paytm Money after the company paid Rs 45.5 lakh to resolve allegations of regulatory violations.
The company said that with this festive offer, users can enjoy a 12% exclusive discount on bus and flight bookings, along with reduced cancellation charges for train tickets, ensuring a seamless and budget-friendly travel experience.
Parent company of fintech giant Paytm, One97 Communications, on Friday reported that its consolidated loss had widened to Rs 840.1 crore for the quarter ended June 30, 2024 (Q1FY25).
The crisis for the fintech giant Paytm mounted as the markets regulator gave an administrative warning to the digital payments company for certain transactions with its banking unit in the fiscal year 2021-22.
Paytm Founder and CEO Vijay Shekhar Sharma has said the company was like his daughter who was a school topper and met with an accident on the way to an entrance test.
Online food delivery platform Zomato is in advanced discussions to buy Paytm's movie ticketing and events business, according to multiple reports.
"One97 Communications Limited (OCL) is providing outplacement support to employees which have resigned as a part of the restructuring efforts by the company,” the company said in a statement.
