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Paytm

Paytm: A Digital Payments Giant Paytm, short for "Pay Through Mobile," is a Noida-based Indian multinational financial technology company specializing in digital payments and financial services. Founded in 2010 by Vijay Shekhar Sharma under One97 Communications, Paytm provides a comprehensive suite ...

Paytm Overview

Image Source : Wikipedia
  • Company type Public
  • Industry Financial technology, E-commerce
  • Founded August 2010
  • Founders Vijay Shekhar Sharma
  • Headquarters Noida, Uttar Pradesh, India
  • Key people Vijay Shekhar Sharma
  • Services Payment systems, Mobile payments
  • Revenue ₹9,978 crore (US$1.1 billion) (FY24)
  • Net income ₹-1,423 crore (US$-160 million) (FY24)
  • Parent One97 Communications
  • Website www.paytm.com

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Paytm history

Last Updated : 13/03/25, 01:24 AM
Paytm, India's leading digital payments platform, has faced a recent storm of regulatory actions, jeopardizing its foothold in the financial sector. In January 2024, the Reserve Bank of India (RBI) imposed substantial restrictions on Paytm Payments Bank (PPBL), barring it from accepting new deposits...

PAYTM NEWS

Paytm's Vijay Shekhar Sharma steps down from payments bank board

February 27, 2024 7:28 am

The moves come ahead of the March 15 deadline of the Reserve Bank of India (RBI) for PPBL to wind up its operations.

Paytm shares hit upper circuit again after RBI asks payment authority to review its third-party app request

February 26, 2024 12:53 pm

On 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.

Paytm's advisory panel chief says yet to delve deep to identify any issue with firm

February 25, 2024 11:20 pm

By RBI order, PPBL will stop further deposits, credit transactions, or top-ups in any customer accounts, prepaid instruments, wallets, FASTags, and National Common Mobility Cards, after March 15.

RBI asks NPCI to consider Paytm’s request for TPAP: What it means, how it could benefit users

February 26, 2024 12:17 pm

As the RBI has asked the Paytm Payments Bank Limited to shut operations by March 15, 2024, there will be no TPAP registration for the Paytm app to be able to provide UPI payment services.

Consider Paytm request to become third-party UPI service provider: RBI to NPCI

February 23, 2024 9:04 pm

On January 31, the RBI had told Paytm Payments Bank Ltd (PPBL), an associate of Paytm, to halt most of its operations by March 15, citing persistent non-compliance and supervisory concerns.

Paytm shares fall 3% after Goldman Sachs cut target price by 50%

February 22, 2024 1:04 pm

Earlier, Paytm shares hit 5 per cent upper circuit during three consecutive trading sessions. The shares closed at Rs 376 a piece on Wednesday (February 21).

Paytm FASTag to stop working after March 15: Here's everything you need to know

February 21, 2024 8:35 am

Wondering what will happen to your Paytm FASTag account after March 15? From deactivating your existing FASTag account to switching to a new provider, here's a quick guide that will help you with all your FASTag related queries.

Paytm shares jump 5% after Axis Bank deal, fresh RBI deadline

February 19, 2024 10:51 am

The Reserve Bank of India (RBI) on Friday extended the deadline for Paytm Payments Bank to stop accepting fresh deposits in its accounts or wallets to March 15 from Feb. 29.

No top-up or transfer of money to Paytm Payments Bank accounts after March 15: What RBI’s new FAQs say

February 22, 2024 7:10 am

While no deposits and transfers will be allowed to the Paytm Payments Bank post March 15, the RBI’s guidelines try and ensure that your money will not be lost.

No top-up or transfer of money to Paytm Payments Bank accounts after March 15: RBI’s new FAQs

February 17, 2024 9:56 am

Last month, the RBI had barred Paytm Payments Bank from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, FASTags and NCMC card after February 29, 2024 in the wake of persistent non-compliances and material.

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