Paytm launches POS device for smaller merchants

Leading Indian fin-tech start-up company Paytm has recently launched a point-of-sale (POS) device for smaller merchants. The device would accept payments through cash, Paytm wallet, debit and credit cards and Unified Payments Interface (UPI) apps. It is an android-based all-in-one ..

New Start-up Hub of India

The “Turbocharging Delhi-NCR Startup Ecosystem” report issued by TiE Delhi-NCR and consulting firm Zinnov has observed that Delhi-NCR is a bigger start-up hub than Bangalore. The report notes that NCR not only beats Bangalore in the number of active start-ups, the ..

Paytm bags title sponsorship rights for Indian cricket team for 5 years

The Board of Control for Cricket in India (BCCI) has extended title sponsor rights to Paytm for the Indian cricket team’s international and domestic matches with a winning bid of Rs 3.80 crore per match for the 4-year cycle commencing ..

BCCI awards title sponsorship rights to Paytm for 5 more years

Board of Control for Cricket in India (BCCI) has extended Paytm’s association as title sponsor for Indian cricket team for all cricket matches, domestic and international, played in India for 5 more years. Paytm bagged the title sponsorship rights by ..

Month: Current Affairs - August, 2019

RBI imposes fines on PPIs for violating Regulatory Guidelines

Reserve Bank of India (RBI) imposed a monetary penalty on five Pre-Paid Payment Instrument (PPI) issuers which include Vodafone’s m-pesa and Phonepe, for violating its regulatory guidelines under provisions of Payment and Settlement Systems Act, 2007. Other facing Penalty includes, Western ..

Month: Current Affairs - May, 2019

Paytm which is a Noida-based e-commerce payment system and digital wallet company has launched an option of recurring payments for its merchants to enable recurring payments. It has also started its own subscription business at an annual fee of Rs ..