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Lack of awareness, bank deposit fee hinder mWallet India growth

Even with over 900 million subscribers, India is yet to see strong demand for electronic account services that allow consumers to transfer money and pay bills using their mobile phones, experts say. According to a PTI Report: Lack of awareness...

Vikas Purohit quits Paytm to set his own start-up

Vikas Purohit, senior vice-president at India's largest mobile wallet service, Paytm, has  quit to start his own start-up. Purohit was looking after the business correspondent network for Paytm's upcoming payment banks for which the country's biggest mobile wallet company received...

Paytm payment bank head says not interested to join rate war with banks

Financial technologies player Paytm has ruled out joining the rate war in the savings account interest rate space when it launches its payments bank, instead it will focus on increasing revenue-accretive transactions. "Obviously, we do not want our customers to...

Paytm to spend Rs 200 crore on expanding fashion category

Alibaba-backed Paytm will spend Rs 200 crore to expand its fashion category by helping small and medium businesses as well as bigger brands set up 'online shops' on its platform. According to a PTI report: The digital payment company, which...

Paytm wallet makes payment easy at Hindustan Petroleum pumps

Paytm, India's largest mobile payments and commerce platform, has created further touch points for cashless transactions by associating with Hindustan Petroleum for its strong user base of 120 million. According to a report in ANI: The company has entered into...

Now pay at Mother Dairy with your Paytm wallet

The people of Delhi will now be able to pay at Mother Diary booths with their Paytm wallets. Officials from Mother Dairy said 83 booths in Delhi and Haryana, seven in Noida and another 10 in Ghaziabad will now have...

Paytm integrates wallet on Airtel website, MyAirtel app

On Thursday, Paytm - one of India's largest mobile payments and e-commerce platforms - has announced that its wallet is now integrated on the Airtel website as well as on the MyAirtel app. Airtel customers can make their online bill payments and pay for recharges on the...

Twitter Wars: DIPP snubs CAIT over Flipkart, Paytm case

With traders body Confederation of All India Traders (CAIT) alleging violation of foreign direct investment norms in the e-commerce sector by Flipkart and Paytm, the Department of Industrial Policy and Promotion (DIPP) on Monday said it is the RBI that...

Paytm to launch vehicle financing, insurance

Paytm, one of the largest online and mobile commerce players in India, will launch vehicle financing this month, and will soon after offer insurance service through third party partners. The move will help expand and consolidate its footprint in the automobile...

Paytm to create 1,000 top brand retail stores online

Paytm, India's largest mobile wallet has added 1,000 top brands to its portfolio and plans to set up exclusive brand stores to ensure original products and realistic promotions. These stores - which include Puma, Dell, HTC, HP, Whirlpool, Woodland, Lakme, Casio, Samsonite and Samsung...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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