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PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
Paytm posts first-ever annual profit of Rs 552 crore in FY26Digital payments major Paytm achieved its first full year of profit in FY26, reporting a net profit of Rs 552 crore. This turnaround was dr...
RBI cancels Paytm bank license, to approach high courtThe Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank...
Razorpay set for confidential IPO filing; valuation may fall to around $5 billionThe fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walm...
Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
Paytm boosts offline payments leadership with 6.8 million devices, GMV grows 40%The merchant gross merchandise value (GMV) for the quarter (for three months ended March 2023) grew 40% YoY to Rs 3.62 lakh crore ($44 bill...
Paytm Lending CEO Bhavesh Gupta gets additional role to lead offline payments verticalPaytm on Friday said it has elevated Bhavesh Gupta, CEO of Paytm Lending, to take on the leadership for the offline payments vertical in ad...
QR Codes help payment firms up offline playOut of the transactions seen on the BharatPe platform, PhonePe had over 54% share in UPI transactions, while Google Pay had 30% and Paytm 1...
Over 5-million offline merchants accepting UPI payments: PaytmThe company said that Bengaluru and Hyderabad had the largest share of UPI transactions on Paytm, followed by Delhi, Pune and Mumbai respec...
Paytm QR to help shopkeepers get payments directly to bank a/cThe company also plans to invest Rs 500 crore in 2018 towards training and awareness building initiatives to expand the reach and acceptanc...
Paytm sees offline transactions surge to 65% this festive seasonPaytm processed $1.6 billion worth of transactions during the festive month, with a 3.5x increase in volumes over last year, crossing the h...
Paytm buys Shopsity for offline boostShopsity co-founders Danish Ahmed and Gaurav Arya have joined Paytm’s management and are actively working to strengthen seller services for...
Paytm to hire 10,000 agents to expand offline merchant networkCurrently, the Alibaba-backed firm has about 4,000 such agents and over one lakh offline merchants on its platform.
Alipay and Paytm go to local stores to hard sell e-walletsAlipay said it is offering Paytm its technological capabilities and risk management systems to help it grow faster and offer a differentiat...
Digital wallet and ecommerce firm Paytm planning major offline pushPaytm is now building a technology that will allow transactions to happen even in zero connectivity zones such as an airplane in flight.
4-million offline merchants on platform? Paytm claims it’s doable this yearPaytm's offline merchant netwok includes small 'paan' shops, vegetable vendors, big retail outlets, petrol pumps, food chains such as CCD a...