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Paytm (an acronym for "pay through mobile") is an Indian multinational financial technology company, that specializes in digital payments and financial services, based in Noida, India. Paytm was founded in 2010 by Vijay Shekhar Sharma under One97 Communications.The company offers mobile payment services to consumers and enables merchants to receive payments through QR code payment, Payment Soundbox, Android-based-payment terminal, and online payment gateway. In partnership with financial ...
Paytm Payments Bank (PPBL) is an Indian payments bank, founded in 2017 and headquartered in Noida. In the same year, it received the license to run a payments bank from the Reserve Bank of India and was launched in November 2017. In 2021, the bank received a scheduled bank status from the RBI. Vijay Shekhar Sharma holds 51 percent in the entity with One97 Communications holding 49 percent. Vijay Shekhar Sharma is the promoter of Paytm Payments Bank, and One97 Communications Limited is not ...
Vijay Shekhar Sharma (born 7 June 1978) is an Indian technology entrepreneur and multimillionaire business magnate. He is the founder chairman, and managing director of One97 Communications founded in 1997 and its consumer brand Paytm which he started in 2010.. In January 2022, the ICANN-supported Universal Acceptance Steering Group appointed him as UA Ambassador in India. As of September 2022, he had a net worth of US$1.1 billion according to Forbes.
Paytm started the Digital Revolution in India. And we went on to become India’s leading Payments App. Today, more than 20 Million merchants & businesses are powered by Paytm to Accept Payments digitally. This is because more than 300 million Indians use Paytm to Pay at their stores. And that’s not all, Paytm App is used to Pay bills, do Recharges, Send money to friends & family, Book movies & travel tickets.
Paytm is an Indian multinational financial technology company, that specializes in digital payments and financial services, based in Noida, India. Paytm was founded in 2010 by Vijay Shekhar Sharma under One97 Communications. The company offers mobile payment services to consumers and enables merchants to receive payments through QR code payment, Payment Soundbox, Android-based-payment terminal, and online payment gateway. In partnership with financial institutions, Paytm also offers ...
Feb 9, 2022 · Feb 9, 2022 — 13 min read. Paytm is India's one of the biggest fintech startups founded in August 2010 by Vijay Shekhar Sharma. The startup offers versatile instalments, e-wallet, and business stages. Even though it began as an energizing stage in 2010, Paytm has changed its plan of action to become a commercial centre and a virtual bank model.
Jan 22, 2024 · Paytm, a smooth substitute, has been important in the transition to digital financial transactions, signifying a noteworthy turning point in India's payment history. In this article, we will delve into the successful journey of Paytm, its founder, business model, funding, acquisitions, competitors, and more.
Nov 18, 2021 · Today Paytm boasts of 1.2 billion monthly transactions (as of March 1, 2021) with over 150 million monthly active users. Also Read: Paytm crosses milestone of Rs 1 lakh crore market cap despite ...
Dec 25, 2023 · By Nishat Manzar Monday December 25, 2023. In the ever-evolving landscape of financial transactions, the shift from traditional cash-based payments to digital transactions has been pivotal. Paytm, established in 2010, stands at the forefront of this transformative journey, redefining how individuals make bill payments and conduct transactions ...
Jan 20, 2024 · As per the reports dated March 18, 2022, the Paytm Founder and CEO, Vijay Shekhar Sharma, has lost around Rs 88 crore daily after its stock market debut on November 18, 2022. Paytm has seen a whole lot of controversies since the wake of the new year, 2022. Amidst the free fall of its shares that the fintech company is witnessing, reports of the ...
