Page 10 - Paytm Payments Bank

Paytm Payments Bank becomes the largest beneficiary on UPI platform

With 469.84 mn transactions in March it is ahead of the country's largest lender SBI and private lenders such as Yes Bank, ICICI Bank, Axis Bank and HDFC Bank

Paytm Payments Bank registers over 970 million transactions in March 2021

PPBL is also averaging 1 million savings and current accounts a month, and with over 64 million accounts

Paytm Payments Bank leads cashless toll market with six million FASTags

Has now enabled cashless toll payments across 250 plazas in the country

Paytm revenue up 1.4% to Rs 3,629 cr; losses decrease 30% to Rs 2,942 cr

The company's total expenses for the fiscal were reported as Rs 6,226 crore on a consolidated basis

Paytm Payments Bank issues 5 mn FASTags, aims to double in 3 months

PPBL is also enabling automatic cashless payments at 211 toll plazas across the country and has become the largest acquiring bank under National Electronic Toll Collection (NETC) programme

Paytm Payouts processed Rs 1,500 cr in salaries, other benefits for firms

Paytm Payouts is a digital money transfer service for businesses to help them make payments to their employees, vendors and business partners

Covid-19: Paytm Payments Bank crosses Rs 1,000 crore in savings deposits

PPBL has been witnessing an accelerated rise in the deposits, as more people are embracing digital banking during Covid-19.

Paytm Bank to issue 10 mn Visa virtual debit cards to customers by 2020-21

The bank said in a statement it is already the largest issuer of RuPay debit cards and has the "fastest growing" bank account base.

Paytm Payments Bank restricts transactions into Yes Bank accounts

"Paytm Payments Bank Ltd (PPBL) today (Friday) announced that they are restricting transaction settlements, including UPI, into Yes Bank accounts to safeguard their users' money," PPBL said in a state

Telecom players should act fast to counter menace of online frauds: Paytm

Paytm Payments Bank, which also houses the Paytm wallet, recently filed an FIR against fraudsters

Paytm Payments Bank to help spot apps that may trigger fraud transactions

It is also leveraging artificial intelligence to immediately identify and block suspicious activities

Paytm Payments Bank submits list of 3,500 fraud phone numbers to Trai

Paytm also suggested that telecom operators who sell bulk SMS services should follow stringent KYB process

Paytm Payments Bank says it issued 600,000 FASTags in November

PPB said it sold 6 lakh tags in the month of November, and claimed that it has equipped over 1.85 million vehicles with FASTags

Paytm raises a billion dollars at a valuation of $16 bn, plans expansion

Ant Financial and SoftBank back it with full force; money will go for expansion in small cities, towns

PIL cannot be used as a weapon to challenge our decision: RBI in Delhi HC

The RBI made the submission in response to a PIL alleging that online payments platform Paytm was providing lending facilities in violation of the law regulating such activity

Paytm Payments Bank breaks even in 2nd year, posts FY19 profit of Rs 19 cr

Paytm Founder Vijay Shekhar Sharma holds 51% share in Paytm Payments Bank

Paytm Payments Bank to offer risk-free insurance, MF products by June: MD

The Paytm Payments Bank has 4.4 crore savings bank accounts with a deposit of over Rs 400 crore

Paytm Payments Bank resumes customer on-boarding after RBI's go-ahead

Company's founder Vijay Shekhar Sharma on Tuesday morning tweeted asking users to open saving accounts at the payments bank

Paytm Payments Bank posts Rs 207-mn loss in FY18; income rises to Rs 7.2 bn

Paytm Payments Bank's total income grew to Rs 7.21 billion in the financial year ended March 31, 2018

Paytm Payments Bank is still not allowed to add new customers, says CEO

Chief executives of two payment banks, Airtel and Paytm, stepped down following a scrutiny by the RBI