Payment Bank

The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday.

The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday.

One 97 Communications Limited (OCL), which owns the brand Paytm, has received the nod from NPCI to start the user migration to new Payment System Provider (PSP) bank handles, the company informed the stock exchanges in a filing on Wednesday.

The Reserve Bank on Tuesday came out with draft guidelines to further strengthen regulations on payment aggregators, a move aimed at boosting the payment ecosystem.

Samsung Galaxy A34 5G price in India has been slashed by more than Rs. 6,000. It is currently available for purchase with additional bank offers and payment offers discounts. The 5G smartphone was launched in March last year alongside Galaxy A54 5G. The Galaxy A34 5G runs on MediaTek Dimensity 1080 SoC and has a 5,000mAh battery.

Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla's resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI.

India's Paytm said on Tuesday that Surinder Chawla had resigned as the chief executive officer and managing director of its banking unit Paytm Payments Bank "on account of personal reasons".

The RBI has decided to expand ways to distribute the CBDC within the retail ecosystem. Until now, India's CBDC distribution was being tested by banks that are part of its trials but soon third-party payment operators like Google Pay and PhonePe will also be able to distribute the CBDC.

In a major decision, the Reserve Bank said today that it will soon facilitate cash deposit facility in banks through use of the popular UPI, an instant real-time payment system for inter-bank transactions through mobile phones.

PhonePe launched its Unified Payments Interface (UPI) services in the United Arab Emirates (UAE) for Indian travellers as well as NRIs residing in the country on March 28. This service will now allow PhonePe users to make rapid digital transactions by scanning a QR code at retail stores, dining outlets, and other tourist attractions. The service is...

WhatsApp could be working on enabling international payments via its in-app Unified Payments Interface (UPI) service, as per a new leak. WhatsApp Payments or WhatsApp Pay was first introduced for Indian users as an in-app service in November 2020. The platform’s entry into the payments sector was considered delayed as rival platforms were already...

Airtel Payments Bank smartwatch was launched in India on Tuesday (March 19). This marks the entry of the telecom operator in the smartwatch segment and becomes the first device to be launched by it. The smartwatch has been developed in collaboration with the wearable brand Noise and the payment-technology provider Mastercard.

Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country's payments authority, which will enable it to facilitate payments after its banking unit ceases operations.

Paytm, a major player in India's fintech scene, is facing a setback as its banking arm, Paytm Payments Bank Ltd (PPBL), is stopping key services from today.

Indian digital payments firm Paytm plans to cut close to 20 percent of staff at its banking unit amid uncertainty over the unit's future due to a looming central bank deadline for it to halt most operations, two sources said.

The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday.

The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday.

One 97 Communications Limited (OCL), which owns the brand Paytm, has received the nod from NPCI to start the user migration to new Payment System Provider (PSP) bank handles, the company informed the stock exchanges in a filing on Wednesday.

The Reserve Bank on Tuesday came out with draft guidelines to further strengthen regulations on payment aggregators, a move aimed at boosting the payment ecosystem.

Samsung Galaxy A34 5G price in India has been slashed by more than Rs. 6,000. It is currently available for purchase with additional bank offers and payment offers discounts. The 5G smartphone was launched in March last year alongside Galaxy A54 5G. The Galaxy A34 5G runs on MediaTek Dimensity 1080 SoC and has a 5,000mAh battery.

Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla's resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI.

India's Paytm said on Tuesday that Surinder Chawla had resigned as the chief executive officer and managing director of its banking unit Paytm Payments Bank "on account of personal reasons".

The RBI has decided to expand ways to distribute the CBDC within the retail ecosystem. Until now, India's CBDC distribution was being tested by banks that are part of its trials but soon third-party payment operators like Google Pay and PhonePe will also be able to distribute the CBDC.

In a major decision, the Reserve Bank said today that it will soon facilitate cash deposit facility in banks through use of the popular UPI, an instant real-time payment system for inter-bank transactions through mobile phones.

PhonePe launched its Unified Payments Interface (UPI) services in the United Arab Emirates (UAE) for Indian travellers as well as NRIs residing in the country on March 28. This service will now allow PhonePe users to make rapid digital transactions by scanning a QR code at retail stores, dining outlets, and other tourist attractions. The service is...

WhatsApp could be working on enabling international payments via its in-app Unified Payments Interface (UPI) service, as per a new leak. WhatsApp Payments or WhatsApp Pay was first introduced for Indian users as an in-app service in November 2020. The platform’s entry into the payments sector was considered delayed as rival platforms were already...

Airtel Payments Bank smartwatch was launched in India on Tuesday (March 19). This marks the entry of the telecom operator in the smartwatch segment and becomes the first device to be launched by it. The smartwatch has been developed in collaboration with the wearable brand Noise and the payment-technology provider Mastercard.

Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country's payments authority, which will enable it to facilitate payments after its banking unit ceases operations.

Paytm, a major player in India's fintech scene, is facing a setback as its banking arm, Paytm Payments Bank Ltd (PPBL), is stopping key services from today.

Indian digital payments firm Paytm plans to cut close to 20 percent of staff at its banking unit amid uncertainty over the unit's future due to a looming central bank deadline for it to halt most operations, two sources said.