Paytm Group News Today

“In line with our on-going conversations, due to personal reasons, I will be unable to continue as President & COO and am resigning effective close of business hours 31st May 2024 and request to be relieved accordingly,” said Gupta via an email to Paytm’s MD and CEO Vijay Shekhar Sharma.

In two days, the company’s market capitalisation eroded by Rs 17,378.41 crore to Rs 30,931.59 crore

Indias leading digital payments and financial services company Paytm has reiterated its compliance with the market regulator Securities and Exchange Board of India (SEBI) norms while replying to the observations of proxy firms.

RBI moratorium on Paytm Payments Bank expected to be resolved in 3-5 months: CFO - The Paytm Payments Bank is working with the Reserve Bank of India to complete the IT audit and address the regulators concerns.

Paytm Chairman and CEO Vijay Shekhar Sharma during an earnings call with analysts in the US said the company is seeing scale in system deployment and non-UPI revenue

NEW DELHI, Dec 1: Digital payments and financial services firm Paytm is expecting to increase revenue and monetisation methods on its platform in the next few quarters, according to a top company official. Paytm Chairman and CEO Vijay Shekhar Sharma during an earnings call with analysts in the US said the company is seeing scale in system deployment and non-UPI revenue, where merchant gives revenue charges, MDR (merchants discount rate) for payments and credit led financial service, and provides...

Paytms Vijay Shekhar Sharma said the company is one of the largest acquiring side partners for all payment networks be it Visa, Master and PCI, Amex, UPI.

Paytm sees large merchants of competitors now switching to its platform

Paytm has acquired a 100 percent stake in Urja Money Pvt. Ltd., which offers loan management services using its proprietary technology CreditMate.

The acquisition has resulted in the exit of the fintech startup’s founders, said Chief Commercial Officer of CreditMate, Aditya Singh