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RBI orders Paytm Payments Bank to halt most services after Feb 29, Paytm anticipates Rs 300-500 Crore Impact

The company expects this action to have a worst-case impact of Rs 300-500 crore on its annual EBITDA going forwardNew Delhi: In a major action against Paytm Payments Bank (PPBL), the Reserve Bank on Wednesday directed the lender to...

912 crore merchant transactions made via Paytm in Q2FY24

The maximum number of payments have been done on Saturdays, making it the busiest day in the week for digital transactionsNew Delhi: As many as 912 crore merchant transactions were made using Paytm in Q2FY24, parent One97 Communications said...

IR Smartclass: ABC of ONDC

An explainer on ONDC, the transformative initiative from a business point of viewONDC is gaining momentum with every passing day. In January 2023, when it was made widely available to a larger cross-section of consumers, there were about 800...

ONDC announces Build for Bharat initiative 

The initiative intends to tap into India’s technological and entrepreneurial potential with an expected participation of over 2,00,000 participants representing startups, companies and colleges. New Delhi: Open Network for Digital Commerce (ONDC) has announced a new initiative called ‘Build for Bharat’,...

Gifting brand FNP appoints Nitish Saxena as Head Brand Marketing

Saxena has been associated with fintech brands with his last role being the head of brand at a fintech startup, Cheq New Delhi: Indian gifting brand, FNP (formerly Ferns N Petals) has announced the appointment of Nitish Saxena as Head-Brand...

Paytm narrows loss to Rs 292 crore in Jul-Sept qtr

Paytm's contribution profit grew 69 per cent during the reported quarter to Rs 1,426 crore from Rs 843 crore in September 2022New Delhi: Fintech company One97 Communications, which operates under the Paytm brand, on Friday reported a narrowing of consolidated...

The power of ONDC

With the right building blocks, ONDC will enable seamless commerce for 50 crore customers and 5 crore SMEs in this country Bengaluru: First up, ONDC is not a platform like Amazon but a network of enterprises coming together to enable...

Paytm unveils indigenously made soundbox with card payment option

The company has deployed soundbox at around 8.5 crore point of sales and expect to match the same pace of deployment for the new devices.New Delhi, Sep 4 (PTI) Fintech firm Paytm on Monday launched a soundbox device that lets...

Paytm monthly users increase by 19% to 9.3 crore

Payment volumes for merchants or Gross Merchandise Values (GMV) rose 39 per cent on-year at Rs 1.47 lakh croreNew Delhi: Fintech company Paytm on Thursday said its average monthly users rose by 19 per cent on-year to 9.3 crore.Merchant subscriptions...

Paytm E-commerce partners with NCCF, ONDC to sell tomatoes at Rs 70/kg in Delhi-NCR

NCCF and NAFED are already selling tomatoes at Rs 70 per kg to retail consumers through mobile vans in Delhi-NCRNew Delhi: Paytm E-commerce Pvt Ltd (PEPL) on Tuesday said it has partnered with ONDC and NCCF to sell tomatoes at...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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