Paytm
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Paytm clarifies licensing status amid speculation, emphasizes government's support for Fintech
Technology | Apr 16, 2024, 06:33 PM ISTIt was the RBI guidelines that mandated the formation of PPSL, the transfer of the online payments business from OCL to PPSL, and the investment of capital in PPSL, as part of the requirement to house the PA business in an independent legal entity.
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Paytm Payments Bank crisis: Surinder Chawla resigns as MD and CEO
Business | Apr 09, 2024, 05:34 PM ISTPaytm (PAYT.NS) has said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank.
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A guide on how to close Paytm Payments Bank FASTag in easy steps
Technology | Mar 15, 2024, 05:47 PM ISTThe National Highways Authority of India (NHAI) has advised all Paytm Fastag users to switch to a new issuer authorised by NHAI. Here's how to close your Paytm FASTag in easy steps.
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Are you Paytm FASTag user? Here is step-by-step guide to deactivate, port or buy to new FASTag
Business | Mar 15, 2024, 09:27 AM ISTThe National Highways Authority of India (NHAI) has advised Paytm FASTag users to procure a new FASTag issued by another bank before March 15.
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Paytm gets third-party app license from NPCI to perform UPI transactions
Business | Mar 14, 2024, 09:54 PM ISTPaytm has secured a third-party application provider license amidst regulatory challenges faced by its banking unit. This license enables Paytm to continue offering seamless transactions through India's unified payment interface (UPI), ensuring uninterrupted services for its users.
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NHAI wants Paytm FASTag users to switch to other banks before March 15: Here's why
Technology | Mar 13, 2024, 03:37 PM ISTIn compliance with the guidelines issued by the Reserve Bank of India (RBI) regarding restrictions on Paytm Payments Bank, Paytm FASTag users will not be able to recharge or top-up their balance after March 15th.
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Paytm Payments Bank removed from FASTag issuers list | Check full list of NHAI-authorized banks
Business | Mar 13, 2024, 11:33 AM ISTFASTag is an electronic toll collection system in India, operated by the NHAI. It employs Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid or savings account linked to it or directly toll owner.
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How to check your credit score for free on Paytm, Google Pay, PhonePe? A detailed guide
Technology | Mar 08, 2024, 05:18 PM ISTMajor payment applications in India have introduced a new feature that allows users to check their credit scores for free. This is great news for credit card holders and borrowers. Here's how to check your credit score for free.
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Paytm Payments Bank fined over Rs 5 crore for violating money laundering act
Business | Mar 01, 2024, 07:51 PM ISTA few days ago, Paytm founder and CEO Vijay Shekhar Sharma stepped down as Non-Executive Chairman and Board Member of Paytm Payments Bank Ltd (PPBL), as the Reserve Bank of India (RBI) ban on the bank's operations inches closer.
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Paytm takes strategic measures amid PPBL crisis: Discontinues inter-company agreements
Business | Mar 01, 2024, 10:00 AM ISTAmid regulatory pressure from the Reserve Bank of India (RBI), Paytm's parent company, One 97 Communications, has taken decisive steps to sever inter-company agreements with Paytm Payments Bank Limited (PPBL).
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GST rule change, FASTag deactivation among key financial changes in March 2024 | Check list
Business | Feb 29, 2024, 05:01 PM ISTThe month of March will bring about various key financial changes, impacting the lives of the people. From Paytm Payments Bank to FASTag deactivation, there are several services which will undergo changes in March 2024.
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Paytm shares settle marginally lower after hitting upper circuit limit in intra-day trade
Business | Feb 27, 2024, 06:05 PM ISTPaytm business news: Vijay Shekhar Sharma has stepped down as part-time non-executive Chairman of Paytm Payments Bank Limited and the board of the bank has been reconstituted, a filing said on Monday, adding PPBL will commence the process of appointing a new chairman.
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Why did Vijay Shekhar Sharma resign as chairman of Paytm Payments Bank? | EXPLAINED
Explainers | Feb 27, 2024, 11:50 AM ISTVijay Shekhar Sharma, CEO of Paytm, resigned as non-executive chairman and board member of Paytm Payments Bank due to regulatory challenges, including RBI's directive to wind down operations by March 15. The RBI's concerns stemmed from compliance issues and perceived proximity to Paytm.
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Vijay Shekhar Sharma steps down as Paytm Payments Bank chairman
Business | Feb 27, 2024, 06:20 AM ISTOn January 31, the RBI asked PPBL (Paytm Payments Bank Ltd) to stop further deposits, credit transactions, or top-ups in any customer accounts, prepaid instruments, wallets, FASTags, and National Common Mobility Cards, after February 29. Later, the central bank extended the deadline till March 15.
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RBI asks NPCI to help continue UPI operations of Paytm App
Business | Feb 23, 2024, 04:59 PM ISTLast month, the RBI barred Paytm Payments Bank Ltd (PPBL) from further deposits or credit transactions or top ups in any customer accounts, prepaid instruments, wallets, FASTags, NCMC cards, etc., other than any interest, cashbacks, or refunds which may be credited anytime.
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Google Pay launches SoundPod to aid small merchants across India
Technology | Feb 23, 2024, 06:48 AM ISTGoogle Pay is introducing its SoundPod device to assist small merchants across India, following positive feedback from a limited pilot program.
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Paytm explains what will and what will not work after March 15: All about UPI, Fastag, Wallet
Technology | Feb 20, 2024, 07:17 PM ISTHere is everything you need to know about the Paytm Payment Bank and restrictions with UPI, Fastag, Wallet and more after March 15.
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Paytm Payments Bank Crisis: Here's how you can purchase, deactivate your FASTag
Business | Feb 19, 2024, 01:12 PM ISTAs per the recently released FAQs by the RBI, users will no longer be able to recharge their FASTags issued by PPBL after March 15.
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Can you continue to use Paytm FASTag for toll payments? Check RBI FAQs for customers
Business | Feb 19, 2024, 08:37 AM ISTFASTags issued by Paytm Payments Bank will no longer support top-up or recharge functionalities from March 15 onwards.
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Paytm transfers Nodal account to Axis Bank: What does it mean?
Technology | Feb 18, 2024, 12:33 PM ISTThe move came as the Reserve Bank of India (RBI) instructed the termination of the nodal accounts of One 97 Communications Limited (OCL) and Paytm Payment Services Ltd (PPSL), which were maintained by PPBL.