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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
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
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
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