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SEBI approves Paytm UPI handle, helping firm in managing IPO applications


The Securities and Exchange Board of India (SEBI) has approved Paytm Payments Bank Limited s @Paytm unified payments interface (UPI) handle to enable payment mandates for initial public offerings (IPO) application.
This will allow users to invest in capital markets through various brokerage platforms using their @Paytm UPI handle.
Paytm Payments Bank has entered into a partnership with Paytm Money to enable payment mandates for IPO applications.
Paytm Money, Paytm s stocks and mutual fund investment platform, aims to get more than 10 million users and 75 million yearly transactions in the coming financial year.
“By enabling @paytm UPI to apply for IPO we are giving millions of investors the ease of seamless, secure, and rapid payments to help enhance their financial portfolio. We believe that every Indian has a right to access capital markets and benefit from the burgeoning list of successful companies which are listing in the stock market,” said Satish Gu ....

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FASTag Wrong Deductions: Why Complaints Are Not Getting Resolved Sooner?


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While the Union government enforced FASTag on vehicle users on national highways, as happens with everything government , the number of complaints, especially about wrong deduction from the user s account, are steadily increasing. No doubt, technologies like FASTag will help reduce corruption and ease lives of commuters, it just need support from the government authorities as well as at the ground level, especially from people who are implementing this. At present, many vehicle users are blaming the FASTag infrastructure, or rather the lack of it to an adequate degree being in place at toll plazas. The government, on the other hand is busy mopping up higher toll collections after the mandatory use of FASTag. Separately, the National Highways Authority of India (NHAI) has warned people about the selling of fake FASTag online.   ....

Pravin Wategaonkar , Nitin Gadkari , Abhisheka Gupta , India Transporters Welfare Association , Authority Of India , Paytm Payments Bank , Nhai Management Co Ltd , Kotak Mahindra Bank , Paytm Payments Bank Ltd , National Highways Authority , Payments Bank , Advocate Pravin Wategaonkar , All India Transporters Welfare Association , State Bank , Indian Highway Management Co Ltd , Scanner Fails , Vehicle User , Toll Fee , Mutual Fund Returns , Bank Fixed Deposits , Investor Returns , Portfolio Allocation , நிடின் கட்காரி , அபிஷேக குப்தா , இந்தியா போக்குவரத்து நலன்புரி சங்கம் , அதிகாரம் ஆஃப் இந்தியா ,

Paytm Payments Bank empowers FASTag users with fast redress mechanism


Paytm Payments Bank empowers FASTag users with fast redress mechanism
February 26, 2021
Helps 2.6 lakh users get refunds for wrong toll charges
Paytm Payments Bank Ltd (PPBL) has announced that it has facilitated refunds for 2.6 lakh FASTag users who were charged incorrectly by toll plazas in the year 2020.
It has set up a fast redressal mechanism, which identifies incorrect deductions and raises claims to reverse the extra charges.
While FASTags ensure automatic payment of toll charges, sometimes issues with systems and processes present at the toll plaza result in deduction of more than the applicable charges.
Redressal mechanism
To expeditiously resolve all such customer complaints, PPBL has put in place a dispute management process that audits all customer complaints, associated toll transactions, and issues raised by the toll plazas. ....

Satish Gupta , Paytm Payments Bank , National Electronic Toll Collection , Paytm Payments Bank Ltd , Payments Bank Ltd , Payments Bank , சத்தீஷ் குப்தா , பாய்த்ம் கொடுப்பனவுகள் வங்கி , தேசிய மின்னணு சுங்கவரி சேகரிப்பு , பாய்த்ம் கொடுப்பனவுகள் வங்கி லிமிடெட் , கொடுப்பனவுகள் வங்கி லிமிடெட் , கொடுப்பனவுகள் வங்கி ,