One97
-
{
- All
- News
- Videos
-
Paytm Rolls Out Hide Payments Feature to Manage Transaction Visibility: How to Use
Paytm is rolling out a new Hide Payments feature, which allows users to move certain transactions out of the primary transaction view. As per the company, it is a more private and personalised way to manage digital payments. Transactions that are marked as hidden are not deleted or altered, but remain in a separate protected section. Hidden transac...
-
Paytm Says Top Court Stays Rs 5,712 Crore GST Notice Sent To First Games
The Supreme Court has granted a stay on a Rs 5,712-crore GST notice sent to fintech firm One97 Communications-owned real money gaming platform First Games, a regulatory filing said on Saturday.
-
Paytm Expects to Generate Free Cash Flow by Year-End: CEO Vijay Shekhar Sharma
Fintech firm One97 Communications, which operates under the Paytm brand, expects to generate free cash flow by the end of this year, a top company official said on Saturday. Paytm founder and CEO Vijay Shekhar Sharma, in an earnings call, said that growth for the company in the June 2023 quarter came on account of expansion in payments, financial ...
-
Paytm Registers Incentive Worth Rs. 130 Crore From UPI Transactions in 3 Quarters
One97 Communications, which operates under the Paytm brand, expects to sustain operational profit growth, company's founder and CEO Vijay Shekhar Sharma said on Monday. The company has calculated an incentive of Rs. 130 crore from UPI transactions in three quarters but Sharma said that the incentive may technically make the fourth quarter a free ca...
-
Paytm's Parent Firm Witnesses Strong Revenue Momentum With 42 Percent YoY Growth
One97 Communications, which owns the payments and financial services platform Paytm, continue to witness strong revenue momentum across its business verticals. The fintech firm on Friday reported its revenue from operations increased to Rs. 2,062 crore, a growth of 42 percent on a yearly basis and 8 percent on a quarterly basis.
-
Paytm 2022 Recap Calls Delhi-NCR as India's Digital Payments Capital
Paytm parent One97 Communications on Wednesday announced the release of Paytm 2022 Recap, highlighting the interesting trends of transactions made through Paytm in the last year. Users can also check their individual payments journey with Paytm in 2022 through paytm.com/recap.
-
Paytm Parent One97 Shares Fall on Report of Softbank Stake Sale
Paytm parent One97 Communications' shares fell as much as 10 percent on Thursday after a report that SoftBank would sell Paytm shares with $215 million (roughly Rs. 1,755 crore). The stock is being sold in a range of Rs. 555 to Rs. 601.45 per share, and the sale is the latest in a string of divestments that SoftBank has made in the past few months...
-
Paytm Denies Links With Chinese Loan Merchants After ED Raids on Firms Including Razorpay, CashFree
Paytm on Sunday issued a statement claiming that none of the funds frozen by the Enforcement Directorate (ED) in the Chinese loan app case belongs to it or any of its group firms. The ED earlier conducted raids at premises of online payment gateways over the alleged irregularities in instant app-based loans "controlled" by Chinese persons.
-
Paytm Monthly Transacting Users Grew 49 Percent YoY, Q1 Net Loss Widens to Rs 644.4 Crore
Paytm announced on Friday that its consolidated loss had widened to Rs. 644.4 crore in the quarter ended June 30. The firm One97 Communications, which operates under the Paytm brand, said that it had recorded a net loss of Rs. 380.2 crore a year ago. Meanwhile, the company said that its monthly transacting users grew by 49 percent on a year-on-yea...
-
Paytm CEO Says Firm Chasing $1 Billion Goal, Seeks to ‘Rewind-and-Reset’ Fintech Pioneer After IPO Fiasco
Paytm CEO Vijay Shekhar Sharma is looking to rewind-and-reset the fintech pioneer in India, following the stock-price collapse which exacerbated a crisis for India’s startups. The fintech firm’s founder is looking to win back investor confidence, as the company’s operating losses widened over the past year to about $350 million (roughly Rs. 2...
-
Paytm Money Launches Stock Trading, Allowing Cash Delivery Trades for Free, Intraday Trades at Rs. 10
Paytm Money today expanded its business by launching stock trading on its platform. Initially available in beta, stock trading on Paytm Money is touted to enable cash delivery trades for free, while it charges intraday trades at as low as Rs. 10.
-
Paytm Moves Delhi High Court, Claims Telcos Not Preventing Phishing Activity
One97 Communications Ltd, which runs the online payment platform Paytm, has moved the Delhi High Court alleging that telecom service providers are not blocking fraudsters who are defrauding its customers by "phishing" activities over the various mobile networks.
-
Paytm Says Registered 600 Percent Growth in UPI Transactions in 6 Months
One97 Communications Limited, that owns the brand Paytm in India, said the platform registered over 179 million UPI transactions in October.
-
Warren Buffet's Berkshire Hathaway Reportedly in Talks to Buy Paytm Stake
Berkshire is said to be picking up a 3-4 percent stake in Paytm's parent company and the deal is being done through a primary subscription of shares.
-
Paytm Rolls Out AI Cloud for Developers, Startups in India
Paytm AI Cloud processes and stores all their consumer data locally in servers located only in India, the company said.
-
Paytm Rolls Out Hide Payments Feature to Manage Transaction Visibility: How to Use
Paytm is rolling out a new Hide Payments feature, which allows users to move certain transactions out of the primary transaction view. As per the company, it is a more private and personalised way to manage digital payments. Transactions that are marked as hidden are not deleted or altered, but remain in a separate protected section. Hidden transac...
-
Paytm Says Top Court Stays Rs 5,712 Crore GST Notice Sent To First Games
The Supreme Court has granted a stay on a Rs 5,712-crore GST notice sent to fintech firm One97 Communications-owned real money gaming platform First Games, a regulatory filing said on Saturday.
-
Paytm Expects to Generate Free Cash Flow by Year-End: CEO Vijay Shekhar Sharma
Fintech firm One97 Communications, which operates under the Paytm brand, expects to generate free cash flow by the end of this year, a top company official said on Saturday. Paytm founder and CEO Vijay Shekhar Sharma, in an earnings call, said that growth for the company in the June 2023 quarter came on account of expansion in payments, financial ...
-
Paytm Registers Incentive Worth Rs. 130 Crore From UPI Transactions in 3 Quarters
One97 Communications, which operates under the Paytm brand, expects to sustain operational profit growth, company's founder and CEO Vijay Shekhar Sharma said on Monday. The company has calculated an incentive of Rs. 130 crore from UPI transactions in three quarters but Sharma said that the incentive may technically make the fourth quarter a free ca...
-
Paytm's Parent Firm Witnesses Strong Revenue Momentum With 42 Percent YoY Growth
One97 Communications, which owns the payments and financial services platform Paytm, continue to witness strong revenue momentum across its business verticals. The fintech firm on Friday reported its revenue from operations increased to Rs. 2,062 crore, a growth of 42 percent on a yearly basis and 8 percent on a quarterly basis.
-
Paytm 2022 Recap Calls Delhi-NCR as India's Digital Payments Capital
Paytm parent One97 Communications on Wednesday announced the release of Paytm 2022 Recap, highlighting the interesting trends of transactions made through Paytm in the last year. Users can also check their individual payments journey with Paytm in 2022 through paytm.com/recap.
-
Paytm Parent One97 Shares Fall on Report of Softbank Stake Sale
Paytm parent One97 Communications' shares fell as much as 10 percent on Thursday after a report that SoftBank would sell Paytm shares with $215 million (roughly Rs. 1,755 crore). The stock is being sold in a range of Rs. 555 to Rs. 601.45 per share, and the sale is the latest in a string of divestments that SoftBank has made in the past few months...
-
Paytm Denies Links With Chinese Loan Merchants After ED Raids on Firms Including Razorpay, CashFree
Paytm on Sunday issued a statement claiming that none of the funds frozen by the Enforcement Directorate (ED) in the Chinese loan app case belongs to it or any of its group firms. The ED earlier conducted raids at premises of online payment gateways over the alleged irregularities in instant app-based loans "controlled" by Chinese persons.
-
Paytm Monthly Transacting Users Grew 49 Percent YoY, Q1 Net Loss Widens to Rs 644.4 Crore
Paytm announced on Friday that its consolidated loss had widened to Rs. 644.4 crore in the quarter ended June 30. The firm One97 Communications, which operates under the Paytm brand, said that it had recorded a net loss of Rs. 380.2 crore a year ago. Meanwhile, the company said that its monthly transacting users grew by 49 percent on a year-on-yea...
-
Paytm CEO Says Firm Chasing $1 Billion Goal, Seeks to ‘Rewind-and-Reset’ Fintech Pioneer After IPO Fiasco
Paytm CEO Vijay Shekhar Sharma is looking to rewind-and-reset the fintech pioneer in India, following the stock-price collapse which exacerbated a crisis for India’s startups. The fintech firm’s founder is looking to win back investor confidence, as the company’s operating losses widened over the past year to about $350 million (roughly Rs. 2...
-
Paytm Money Launches Stock Trading, Allowing Cash Delivery Trades for Free, Intraday Trades at Rs. 10
Paytm Money today expanded its business by launching stock trading on its platform. Initially available in beta, stock trading on Paytm Money is touted to enable cash delivery trades for free, while it charges intraday trades at as low as Rs. 10.
-
Paytm Moves Delhi High Court, Claims Telcos Not Preventing Phishing Activity
One97 Communications Ltd, which runs the online payment platform Paytm, has moved the Delhi High Court alleging that telecom service providers are not blocking fraudsters who are defrauding its customers by "phishing" activities over the various mobile networks.
-
Paytm Says Registered 600 Percent Growth in UPI Transactions in 6 Months
One97 Communications Limited, that owns the brand Paytm in India, said the platform registered over 179 million UPI transactions in October.
-
Warren Buffet's Berkshire Hathaway Reportedly in Talks to Buy Paytm Stake
Berkshire is said to be picking up a 3-4 percent stake in Paytm's parent company and the deal is being done through a primary subscription of shares.
-
Paytm Rolls Out AI Cloud for Developers, Startups in India
Paytm AI Cloud processes and stores all their consumer data locally in servers located only in India, the company said.
