Paytm

'What A Feeling!': PayTM CEO Vijay Shekhar Sharma Praises New Delhi-Mumbai Expressway

Appreciating the Delhi-Mumbai Expressway or India's longest expressway, PayTM CEO Vijay Shekhar Sharma said that the e-way is better than anywhere in the world.

Mar 17, 2023, 16:57 PM IST

Paytm enables lightning fast payments that never fail for its users - offers up to ₹100 cashback on UPI LITE activation

Paytm Payments Bank remained the largest UPI beneficiary bank for 20 months in a row with over 1,765.87 million transactions in January 2023.

Mar 06, 2023, 16:54 PM IST

Paytm UPI Lite: Check Step-By-Step Guide To Enable THIS New Wallet Here On Your Device

Payment has become first private platform to bring UPI Lite for the customers. It would make easier for them to send small payments up to Rs 200 to others without UPI pin.

Feb 24, 2023, 19:31 PM IST

Paytm Payments Bank Launches UPI LITE Feature; Allows Small-Value Transactions Without Pin

UPI Lite, a kind-of-wallet, allows users to send small-value money up to Rs 200 via UPI without entering UPI pin.  

Feb 15, 2023, 12:48 PM IST

Macquarie analyst says Paytm's lending portfolio quality stands 'rock solid', growth exceeds expectations

India’s leading digital payments and financial services firm Paytm’s loan distribution business is proving to be the biggest driver of profitability for the company.

Feb 13, 2023, 15:17 PM IST

Alibaba Exits India; Sells its Entire Stake Holding in Paytm

Paytm`s shares have been rallying in the last few days since it announced operating profitability in its Q3FY23 results with EBITDA before ESOP cost at Rs 31 crore, significantly ahead of its guidance of September 2023.

Feb 10, 2023, 14:28 PM IST

Alibaba exits India - sells its entire stake holding in Paytm

This latest deal almost completes Alibaba's exit from India since it had earlier sold its stakes in Zomato and BigBasket. The news will bring cheer to the market as it ends the Chinese stake holding in the homegrown Paytm. 

Feb 10, 2023, 14:18 PM IST

Fin-Tech Paytm Launches G20-Theme QR Code, Celebrates India's Presidency

Under the `Digital Payments Utsav`, Paytm is organising a special drive wherein a branded vehicle will cover various localities across Delhi that have a heavy public presence.

Feb 10, 2023, 12:09 PM IST

Paytm’s stellar performance — operating profitability target met, revenue surges to ₹2,062 Cr

  • Reports EBITDA before ESOP cost profitability of ₹31 crore
  • Contribution profit of ₹1,048 Cr (up 131% YoY) with margin improving to 51% vs 31% YoY; driven by growth in payment profitability and high margin loan distribution business
  • Improvement in payment profitability with net payment margin at ₹459 Cr (up 120% YoY)

Feb 03, 2023, 22:49 PM IST

Google pilots 'Soundpod by Google Pay' for UPI payments in India

The search giant is piloting a soundbox of its own in the country to alert sellers of confirmations for Unified Payments Interface (UPI)-based payments, reports TechCrunch.

Jan 18, 2023, 08:18 AM IST

Folk artiste in Hyderabad takes donations by attaching Paytm QR code to his bull’s head.

Innovative use of Paytm: Folk artiste in Hyderabad attaches QR code to bull's head for donations.

Jan 16, 2023, 12:24 PM IST

Cheers for Paytm shareholders as Alibaba consolidates India exit after selling stock in BigBasket, Zomato, Paytm

Alibaba seems to be making an exit from India as it has sold shares in other investments such as BigBasket and Zomato, sources said, adding that Ant Financial is not going to sell anytime soon.

Jan 13, 2023, 11:26 AM IST

From BofA to ICICI Securities, analysts expect a strong Q3 for Paytm with reduction in adj EBITDA losses

Paytm’s strong business model with a two-sided ecosystem for consumers and merchants is set to yield even better results

Jan 10, 2023, 11:26 AM IST

Paytm Payments Bank appoints MD and CEO post RBI nod

"Paytm Payments Bank Limited (PPBL) has appointed veteran banker Mr. Surinder Chawla as its new Managing Director (MD) and Chief Executive Officer (CEO).

Jan 08, 2023, 21:11 PM IST

Paytm’s Rs 850-cr share buyback at 50% premium to support stock in near-term; JP Morgan, Morgan Stanley see up to 104% upside

JP Morgan remains upbeat on Paytm, saying in its note that "the buyback announcement at a 50% premium to provide support to the stock price in the near term". The brokerage kept its price target unchanged at Rs 1,100 per share, and reiterated 'overweight' rating on the stock.

Dec 14, 2022, 18:00 PM IST

Paytm shares to remain in focus today, 14 December 2022 --Here's the reason

Paytm has opted for the open market route through the stock exchange method for the buyback programme and expects the process to be completed within a maximum period of six months, the company said in a regulatory filing.
 

Dec 14, 2022, 08:22 AM IST

Experts cheer Paytm buyback, say it shows co’s ability for growth

Even as the markets await the details of the proposed buyback of digital payments and financial services giant Paytm, investors and analysts have cheered the move. The stock is up 22% in the past 3 weeks and 6% since Thursday, when it informed the exchanges about the proposed buyback.

Dec 12, 2022, 17:13 PM IST

Paytm buyback shows firm believes shares are below intrinsic value, just how Berkshire Hathaway did it in the past

Paytm's announcement has been welcomed by investors and analysts as the company`s stock surged sharply during Friday's trading session.

Dec 10, 2022, 19:41 PM IST

UPI Money Tranfer: Sent money to wrong UPI using PhonePe, GPay, Paytm? Here's how to get it back

India's Digital Payment ecosystem has thrived a lot in the past few years. Since demonetisation in 2016, digital payments have shot up to break all records. India recorded over 23 billion digital transactions worth over Rs 38 lakh crore in the third quarter of FY23. The UPI-related digital payment transactions number stood at over 19.65 billion in volume and Rs 32.5 lakh crore in terms of value. The recent report on Digital Payments showed that UPI transactions have almost doubled since 2021. The top three UPI apps used widely by Indians are PhonePe, Google Pay and Paytm. 

Dec 06, 2022, 12:54 PM IST