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TPAP BUSINESS MODEL
Zomato opens user data to restaurants; scrutiny on third-party UPI appsHappy Thursday! Zomato may soon share customer data with restaurants. This and more in today’s ETtech Morning Dispatch.
British fintech Revolut to invest $670 million in India over five years, expand local operationsFintech giant Revolut plans to invest over Rs 5,900 crore in India for the next five years to fuel new payment and forex products. Revolut ...
‘On rates, it’s status quo or cuts; concerned about banks’ mis-selling of insurance’: RBI governor Sanjay MalhotraRBI Governor Sanjay Malhotra emphasizes India's economic resilience and commitment to managing rupee volatility without targeting specific ...
We have barely scratched the surface of digital payment potential: NPST’s Deepak Chand ThakurDeepak Chand Thakur expects significant growth in India’s digital payment industry over the next five years, fuelled by innovations like re...
Paytm charts plan to drive profitability post RBI debacle; co to 'aggressively' acquire UPI customersPaytm reported a consolidated profit of Rs 928.3 crore for the quarter ended September 2024, largely due to a one-time gain in its ticketin...
Paytm focusing on consumer payments business: CEOPaytm is prioritizing rebuilding its consumer payments business after facing regulatory setbacks. The company lost a significant number of ...
NPST delivers stellar performance in FY 2024, posts 216% growth in YoY revenueNPST excelled in FY 2024 with a 216% surge in annual revenue and a 310% net profit increase. The company secured orders for innovative solu...
Paytm secures NPCI nod for migrating its users to other banksThe four banks which will be working with Paytm for UPI payments are State Bank of India, Yes Bank, HDFC Bank and Axis Bank.
Paytm shares extend gains to 11% in 2 sessionsShares of One 97 Communications surged 5% as NPCI approved Paytm for UPI. Morgan Stanley maintains a price target of Rs 555. YES Bank to se...
Paytm moves PoS terminals to RBL Bank; CCI orders probe on GooglePaytm’s point of sale (PoS) terminals for processing card payments are being moved to RBL Bank. This and more in today’s ETtech Top 5.
Paytm shares jump 5%. How good is the TPAP news for shareholders?One97 Communications shares surged 5% to Rs 370.90 on BSE as NPCI approved Paytm for UPI. YES Bank will be payment provider and merchant ac...
Rupeek’s steep down round; Paytm to become third-party UPI appGold loan startup Rupeek may soon be tying up a new funding round, albeit at a lower valuation. This and more in today’s ETtech Morning Dis...
Paytm gets nod to become third-party UPI app; Govt cracks down on OTT platformsPaytm parent One 97 Communications Ltd has secured approval from the National Payments Corporation of India to become a third party UPI app...
Udaan’s valuation plummets; draft rules for fintech self-regulatory bodiesBusiness-to-business (B2B) ecommerce platform Udaan has taken a major hit with its valuation being chopped by nearly half to $1.8 billion i...
How can government, RBI drive digital payments growth?Fintechs have been at the forefront of innovation in the UPI ecosystem – right from creating simplified customer on-boarding and transactio...
Big Tech's UPI cap expected to nurture ecosystem, peersRegulatory intent behind NPCI’s 30% market share limit for apps is to level the playing field for all participants, but enforcement may be ...
Digital payments industry rails against NPCI's 30% cap on third-party UPI appsWalmart-owned PhonePe and Google Pay, which currently dominate the UPI channel with each processing more than 40% of its volumes in October...