Vijay Shekhar Sharma
Retail
Paytm to build ‘New Retail’ vertical
IANS -
Digital payments company Paytm on Saturday said that it will build a "New Retail" model to equip shopkeepers with technology, logistics and marketing capabilities.According to One97 Communications, that owns the brand Paytm, under the new model, "consumers will soon...
Retail
Paytm receives final tranche of US $445 mn funding from SoftBank, Alibaba
Paytm Mall has received the final tranche of its US $4 45 million (about Rs 3,000 crore) funding from SoftBank and Alibaba, a move that will give the online shopping venture of Paytm more financial muscle to take on...
Retail
Walmart e-entry makes India attractive to global majors: Experts
The whopping US $16-billion mega deal by global retail giant Walmart with the country's leading e-tailer Flipkart for majority stake makes India an attractive destination for global majors in the digital space, industry experts said on Wednesday.Kishore Biyani, CEO,...
Retail
Hope to cover 1 cr merchants in 3-6 months: Paytm
IANS -
Mobile-first financial services platform Paytm hopes to cover 10 million merchants across India in three to six months from the existing six million merchant-partners for Quick Response (QR)-based payments, an official said on Thursday.The platform will invest Rs 500 crore in 2018 to...
Retail
Paytm Mall appoints Amit Sinha COO
Amit Sinha, a vice-president overlooking business and human resources at One97 Communications Ltd, the company behind the Paytm app, has been appointed as the Chief Operating Officer (COO) of its e-commerce business Paytm Mall, a company statement said on...
Retail
Paytm unveils payments bank, targets 500 mn customers by 2020
IANS -
Fintech company Paytm on Tuesday unveiled its payments bank becoming the first one to offer cashback on deposits. It aims to become the preferred bank for 500 million Indians by 2020.
Customers will also be offered zero charge on all...
Retail
Paytm raises US $1.4 billion from SoftBank
Paytm has announced an investment of US $1.4 billion by the SoftBank Group, the Japanese Internet and telecom major, in One97 Communications Limited, the entity that operates India’s largest mobile payments and commerce platform under the Paytm brand. This...
Retail
Paytm Payments Bank to launch on May 23
IANS -
Fintech company Paytm on Wednesday said it will finally launch the operations of its payments bank on May 23.
"We are in the process of launching Paytm Payments Bank on May 23. We recently received approval from the Reserve Bank...
Retail
Wallet 'curtain-raiser', payments bank will be 'show': Paytm
IANS -
Paytm Founder and CEO Vijay Shekhar Sharma on Friday said that the firm's mobile wallet business was only a curtain-raiser and the payments bank would be the main show.
"We should be a bank (payments bank) by this month-end. Wallet...
Retail
Paytm launches digital wallet business in Canada
Paytm, one of India’s largest mobile payments and commerce company, announced on March 16, 2017 that it has launched bill payments service for Canadians. This move marks the entry of the first Indian consumer service startup in the Canadian...
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PhonePe users can now make UPI payments in UAE via Neopay Terminals
Neopay Terminals is available across a wide array of retail stores, dining outlets, as well as tourist and leisure...
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