Paytm’s UPI market share shrinks by 5% in a year, states NPCI data
Since February, PhonePe has continued to hold a greater than 50% market share in terms of UPI transaction value. In April 2024, Paytm's value market share was 6.2%.
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Paytm is migrating users to new UPI IDs; be aware of what this means for you
One 97 Communications Limited (OCL), the parent company of Paytm, started moving its consumers to new payment service provider banks (PSBs) following the Paytm Payments Bank problem. According
Paytm’s UPI market share dropped to 9% in March, hits rock bottom in four years
The decline comes after a decline to 11% in February from the prior month, which was ascribed to regulatory limitations the Reserve Bank of India (RBI) placed on its affiliate, Paytm Payments Bank Limited (PPBL).
Paytm NPCI License: Paytm obtains a third-party license ahead March 15 deadline
On Thursday, one day ahead of the Paytm Payments Bank's March 15 deadline for closing its doors, Paytm received a third-party application provider licence from the National Payments Corporation of India.
Vijay Shekhar Sharma steps down as chairman at Paytm Payments Bank
The parent firm of the fintech startup Paytm, One97 Communications, revealed on Monday that Vijay Shekhar Sharma, the business's creator, has left the Paytm Payments Bank board.
RBI orders NPCI to examine Paytm’s application for Third Party App Provider
The Reserve Bank of India on Friday unveiled additional steps to guarantee that UPI users utilizing the @paytm handle run by Paytm Payments Bank continue to make easy digital payments even after the deadline of March 15th to…
Paytm’s share price witnesses a 5% boost post shifting nodal account to Axis Bank
The Paytm share price surged by 5% to reach ₹358.55 in opening trades on Monday, February 19, following the announcement on Friday by its parent company One97 Communications that Paytm has moved its nodal account to Axis Bank…
Paytm transfers nodal account to Axis Bank; QR will continue to operate
In an exchange filing on Friday, One97 Communications reported that Paytm has moved its nodal account to Axis Bank (by forming an escrow account).
One 97 Communications announces former SEBI chief, M Damodaran as head of advisory council
An advisory council headed by former Securities and Exchange Board of India (SEBI) chairman M Damodaran was announced on Friday by One 97 Communications Limited, the owner of the fintech company Paytm.
Paytm Payments Bank’s independent director Manju Agarwal steps down in response to RBI’s…
Paytm Payments Bank was subject to significant business restrictions on January 31 by the RBI, which included a ban on taking new deposits and credit transactions after February 29.
Vijay Shekhar Sharma: From raising an e-commerce giant to landing in controversies
Sharma introduced Paytm, which stands for "pay through mobile" and provides mobile recharge services. Although he started wallet services in 2011, the 2016 demonetisation was the catalyst for his huge push.
NSE and BSE reduced the daily trading limits for Paytm to 10%: Report
The National Stock Exchange and the Bombay Stock Exchange announced on their websites that the new 10% limitations would take effect on Monday.
Vijay Shekhar Sharma emerges as largest shareholder in Paytm, acquiring 10.3% stake in thwarting…
Paytm's founder and CEO strengthening control amidst regulatory scrutiny and exiting shareholders