Zomato on Wednesday said it has acquired digital payments company Paytm, which sells movie and event tickets, for $244.2 million (approximately ₹2,049 crore). The food delivery platform aims to boost its fast-growing ticketing business. The acquisition will strengthen Zomato’s presence in the Indian online ticketing market for films and live events, which is currently dominated … Read more
MUMBAI: Shares of Paytm owner One97 Communications fell 5% for the second straight session, nearly 85% below their IPO price, to hit a low of Rs 334 on Tuesday. The development follows the resignation of Bhavesh Gupta, the company’s chairman and CEO, last week. Gupta’s exit is the latest in a series of high-profile exits … Read more
One 97 Communications Limited (OCL), which owns the Paytm brand, has received approval from the NPCI to begin migrating users to a new Payment System Provider (PSP) bank. Paytm joins Axis Bank, HDFC Bank and State Bank of India (SBI) after NPCI received approval to appoint OCL as Third Party Application Provider (TPAP) for the … Read more
Paytm Share Price Today : Paytm’s stock opened at ₹404.65 and closed at ₹404.1 on the last trading day. The high for the day was ₹404.65, while the low was ₹384. The market capitalization stood at ₹24,961.3 crore. The 52-week high and low for the stock were ₹998.3 and ₹318.35 respectively. The BSE volume for the day was 182,693 shares traded. Paytm … Read more
Paytm Payments Services Ltd (PPSL), a wholly-owned subsidiary of One97 Communications Ltd (OCL), which owns brand Paytm, has introduced an alternate ID (ALT ID)-based guest checkout solution for merchants, enhancing cardholder safety and streamlining transactions. With this solution, customers can make purchases as guests without storing sensitive card information on e-commerce/merchant websites. This simplifies the … Read more
One97 Communications (Paytm) has reported results for second quarter ended September 30, 2022. The company has reported net loss at Rs 588.80 crore for the quarter under review as compared to net loss of Rs 461.20 crore for the same quarter in the previous year. However, total income of the company increased by 36.02% at … Read more
Udaipur : After pioneering the digital payments revolution in the country, Paytm, India’s leading digital payments and financial services company, has worked on expanding and enhancing its diverse range of offerings that have not only unprecedented value to the lives of millions of citizens, but also businesses that have been able to rapidly scale efficiency. … Read more
