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NPCI to approve Paytm's TPAP licence

News | Online & Mobile Banking | 13 Mar 2024

The National Payments Corp of India (NPCI) has planned to authorise a third-party application provider (TPAP) licence for Paytm, an India-based digital payments app. 

banking license, online banking, banks, mobile banking, digital banking

India's FIU fines Paytm Payments Bank

News | Digital Identity, Security & Online Fraud | 04 Mar 2024

The Financial Intelligence Unit (FIU) from India has announced that it imposed a monetary penalty of approximately USD 662,565 on Paytm Payments Bank

regulation, AML, money laundering, banking, digital banking

RBI reviews Paytm's UPI payment request

News | Online Payments | 26 Feb 2024

The Reserve Bank of India has directed the National Payments Corporation of India (NPCI) to review a request from Paytm.

banks, payment processing, compliance, digital payments

Paytm partners with Axis Bank

News | Payments General | 19 Feb 2024

India-based digital payments app Paytm has partnered with private sector financial institution Axis Bank to support settlement of merchant payments. 

partnership, payments , banking, KYC, settlement

Paytm is considering the acquisition of Bitsila

News | Mobile Payments | 09 Feb 2024

India-based digital payments app Paytm has engaged in talks to acquire Bengaluru-based interoperable ecommerce startup Bitsila.

acquisition, digital payments, ecommerce, payments

Paytm market value diminishes following RBI order

News | Mobile Payments | 02 Feb 2024

India-based Paytm has suffered a significant dip in its market valuation following an order issued by the Reserve Bank of India.

banks, compliance, regulation, payments

Paytm to invest USD 12 million in GIFT City

News | Payments General | 12 Jan 2024

India-based Paytm has announced that it will invest USD 12 million in Gujarat International Finance Tec-City (GIFT City) to build a global financial ecosystem. 

investment, global hub, financial services, fintech, cross-border payments

Paytm, Amadeus partner to boost travel experience with AI

News | Online Payments | 16 Nov 2023

India-based fintech specialised in digital payments and financial services, Paytm, has announced a strategic partnership with global travel tech company Amadeus.

travel payments, partnership, online payments, local payment method, artificial intelligence, payment gateway

Paytm PG launches alternate ID-based checkout solution

News | Digital Identity, Security & Online Fraud | 10 Oct 2023

India-based Paytm has announced that its wholly-owned subsidiary Paytm Payment Gateway launched an alternate ID-based checkout solution. 

online security, transaction fraud, payment gateway, online payments, online shopping, cybersecurity

Paytm launches Card Soundbox for payments acceptance

News | Payments General | 04 Sep 2023

India-based payments company Paytm has announced the launch of Card Soundbox, the first Soundbox in the region set to accept all domestic and international card payments.

product launch, payments , paytech, fintech, cards, NFC, contactless payments, merchants, ecommerce, Tap-to-Pay

Ant Group swaps stake in India's Paytm

News | Payments General | 08 Aug 2023

China-based Ant Group has announced it will swap its stake in India-based payments company Paytm for convertible debt.

fintech, paytech, investment, regulation, payments

Paytm, SBI Card, and NPCI to launch co-branded RuPay credit cards

News | Cards | 22 May 2023

India-based payments company Paytm has partnered with SBI Card to launch the Paytm SBI Card on the RuPay network.

credit card, partnership, RBI, Alibaba, digitalisation

Paytm launches 4G-enabled Soundbox for merchant partners

News | Payments General | 11 Apr 2023

India-based payments company Paytm has launched the 4G-enabled Soundbox 3.0 to further equip merchants in India with seamless and secure payment collections.

product launch, merchants, Paytm, POS, QR payments

Paytm gets final RBI approval to operate as Bharat Bill Payment Operating Unit

News | Payments General | 17 Jan 2023

Payments company Paytm has gotten approval from the Reserve Bank of India (RBI) to operate as a Bharat Bill Payment Operating Unit (BBPOU).

RBI, Paytm, payments aggegator license, digital payments, payment processing

Alibaba sells Paytm stake worth USD 125 mln

News | Ecommerce | 13 Jan 2023

China-based Alibaba Group has sold a 3.1 percent stake in India-based digital payments company Paytm worth USD 125 million through a block deal.

payments , ecommerce, cross-border ecommerce, marketplace, digital payments

RBI denies payment aggregator licence for Paytm

News | Payments General | 28 Nov 2022

The Reserve Bank of India (RBI) has declined to give a payment aggregator (PA) to fintech Paytm, and has been bard from onboarding new online merchants.

RBI, Paytm, merchants, merchant onboarding, regulation

Paytm enables mobile payments to third-party UPI apps

News | Mobile Payments | 23 Nov 2022

India-based payments company Paytm has implemented a feature that allows users to make UPI payments to mobiles registered with third-party UPI apps.

mobile payments, product upgrade, payment methods, UPI, mobile banking

SoftBank to sell 29 mln shares in Paytm worth USD 215 mln

News | Online & Mobile Banking | 18 Nov 2022

Japan-based SoftBank has planned to sell 4.5% stake in fintech Paytm, worth USD 215 million at a discount of 7% after the lock-in period.

investment, IPO, fintech, funding, Paytm

Paytm Labs rolls out Pi fraud risk management platform

News | Digital Identity, Security & Online Fraud | 07 Sep 2022

Canada-based R&D division of Paytm, Paytm Labs, has launched Pi, an ML-supported fraud risk management platform designed for fintechs, banks, and ecommerce marketplaces.

fraud prevention, risk management, transaction monitoring, machine learning, fraud management

Paytm joins hands with Shopify

News | Payments General | 29 Aug 2022

India-based payments company Paytm has partnered with Shopify to enable platform merchants to collect payments through the Paytm Payment Gateway.

Paytm, partnership, Shopify, payment gateway, ecommerce, digital payments