Paytm launches in-app chat service named Paytm Inbox
The Paytm Inbox app is now available for Android on Google Play Store. It will soon be available for Apple devices.
The Paytm Inbox app is now available for Android on Google Play Store. It will soon be available for Apple devices.
Paytm says that it processed $1.6 billion worth of transactions during the festive month, with a 3.5x increase in volumes over last year.
Apple Pay is coming to India. To encash the already existing e-wallet users, the company is partnering with PayTM.
RBI has issued new guidelines on KYC documents for digital wallet customers to safeguard their transactions.
The banking arm of Paytm has reported a loss of ₹30 crore, and turnover of about ₹2 crore till March 2017.
The mobile app will now be available in Hindi, Kannada, Tamil, Telugu, Gujarati, Marathi, Bengali, Malayalam, Oriya and Punjabi.
While the companies involved have no said anything, people aware of the matter suggests that Via.com could be valued at up to ₹513 crore.
The sale will be taking place from September 20 to September 23. Paytm Mall will spend ₹501 crore on cashback offers.
The company says that it has not been aggressively pushing users to sign-up for the payments bank account.
Vijay Sharma is putting in ₹30 crore, while One97 Communications is investing ₹23 crore. The rest of the funds are coming from One97 Communications India.