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Fintech giant Paytms parent company One97 Communications Limited is headed for a $3 billion initial public offering (IPO), the highest ever market debut in India, and while the market leader has established its presence across a plethora of .
PayPal was offering its payment gateway to Indian brands and online merchants, as well as providing international remittance services for small and medium enterprises including exporters, in the country.
Paytm Payments Bank leads market with 6 million FASTags
January 11, 2021
PPBL has now enabled cashless toll payments across 250 plazas in the country Paytm Payments Bank Ltd (PPBL) on Monday announced that it is the leading issuer of FASTag in the country with over 6 million FASTags, as more citizens avail the service with the government extending the deadline for its adoption.
Paytm FASTag has gained popularity amongst users in the country due to its seamless onboarding and integration process which requires minimum documentation, instant activation and unmatched customer care support. PPBL has now enabled cashless toll payments across 250 plazas in the country, a statement issued by PPBL said.
Paytm Payments Gateway aims to facilitate Rs 6,000 cr worth of transactions next year
New Delhi: Paytm Payments Gateway (PPG) on Tuesday said it is working with mobile phone and DTH top-up retailers to make cashless payments for bulk recharge buys from telecom and satellite television service distributors, and expects to facilitate Rs 6,000 crore worth of transactions in business volume next year.
Retailers for mobile phone and DTH recharges usually make most of their payments to distributors of bulk top-ups in cash. However, with the ongoing pandemic companies are hoping to reduce dependency on cash and make the process digital.
PPG has already tied up with Vodafone Idea Limited to be the exclusive partner of the telecom major for retailer payments, a statement said.