Tag: Paytm

Paytm starts “Payout Links” for small businesses

November 12, 2020

• Paytm has started “Payout Links” for businesses, enabling them to instantly process payouts to customers, employees and vendors, without collecting their bank details.
• It is targeted at aiding small businesses in sectors like gaming, retail, export, manufacturing and e-commerce.

‘Paytm First Games’ appointed Sachin Tendulkar as brand ambassador

September 15, 2020

• The Gaming platform of Paytm, ‘Paytm First Games’ appointed Sachin Tendulkar as brand ambassador.

India’s 1st Pocket Android POS Device launched by Paytm

August 12, 2020

• India’s 1st Pocket Android POS(Point of Sale) Device, ‘Paytm All-in-One Portable Android Smart POS’ for contactless ordering and payments in India has been launched by PayTm.

Varun Sridhar appointed as the CEO of Paytm Money

July 30, 2020

• Paytm Money has appointed Varun Sridhar as the new Chief Executive Officer (CEO) of the company. He will replace former MD and CEO Pravin Jadhav. Sridhar will be reporting to Amit Nayyar, the President at Paytm.

Vodafone Idea and PayTm sign deal to launch ‘Recharge Saathi’

April 25, 2020

• Vodafone Idea and PayTm has signed a deal to launch Recharge Saathi a platform that will allow individuals and small businesses to earn some extra cash as a form of commission for every recharge that they make. 

PayTm sign MoU with Mastercard to issue virtual and physical cards

April 22, 2020

• PayTm payments bank has signed MoU with Mastercard to issue new virtual and physical debit cards for users. 
• These cards can be used just like all other cards for any type of transaction.

Vineet Arora designated MD, CEO of Paytm General Insurance

April 16, 2020

• Digital payments major Paytm on 15^th April declare it has selected Vineet Arora as the managing director and chief executive officer of Paytm General Insurance
• The appointment, which is subject to regulatory approvals, is a step for Paytm to further its journey into the insurance sector with an instant focus on General Insurance.

BSNL, SBI tie-up to begin UPI-based payment platform Bharat InstaPay

April 16, 2020

• State-owned BSNL in tie-up with State Bank of India started a UPI-based payment platform, Bharat InstaPay.
• According to BSNL officials, the new payment facility developed by the company will enable its partners, especially prepaid sellers, to purchase service immediately for sale.

Paytm Money CEO Pravin Jadhav retires

April 1, 2020

• The MD & CEO of Paytm Money Pravin Jadhav has retired.
• Jadhav was involved with Paytm Money since June 2017 as its first member and saw its rise to 40 million users.

Paytm Payments Bank to now issue Visa debit cards

March 18, 2020

• Paytm Payments Bank Ltd (PPBL) has paired with Visa to issue Visa debit cards.
• With this, Paytm will grant over 10 million new digital debit cards in FY 2020-2021 to its customers.
• PPBL will grant Visa virtual debit cards to its customers and facilitate them to transact at all merchants accepting payments through cards.