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On March 14, NPCI approved a third party application (TPAP) provider permit for Paytm in collaboration with SBI, Axis Bank, Yes Bank and HDFC bank for continuity of UPI transactions for the company's users.
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Axis Bank, HDFC Bank, State Bank of India, and YES Bank will act as Payment System Provider (PSP) banks to Paytm.
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While speaking at an event in Japan, Sharma said that ambiguity brings stress to the business.
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Today's top news features PM Modi inaugurating projects worth Rs 37,500 crore, a crucial BJP meeting in Delhi, an agreement between Paytm and Payments Bank, a tragic fire accident in Bangladesh, and a Class 12 Board Exam paper leak in Uttar Pradesh.
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As part of the effort to reduce dependencies, Paytm and PPBL have mutually decided to end several inter-company agreements with Paytm and its group entities.
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The lessons from Byju’s and Paytm crises are clear: Innovation must be wedded to integrity and expansion to ethical practice
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Paytm on February 9 announced setting up of a group advisory committee headed by Damodaran.
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The immersive experience, which is not just an exhibition, but a full-blown adventure through the mind of one of history's most iconic artists will begin from March 29 and go on till April 10, 2024
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According to the central bank's notification, National Payments Corporation of India (NPCI) has been asked to examine the use of UPI channel to allow Paytm to continue operations.
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The company's daily plan entails a one-time fee of Rs 499, with an additional deduction of Rs 5 per day from the merchant's settlement account for 25 days in a month, as per their statement.
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During a social media livestream arranged by the company, merchants from various cities across India, such as Mumbai, Pune, Noida, Hyderabad, Chennai, Ahmedabad, and Bengaluru, shared their experiences with Paytm.
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In a comprehensive FAQ update on its website, Paytm has clarified the operational status of various services, ensuring minimal disruption for its customers.
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The company had termed the reports to be entirely 'misleading, baseless and malicious'.
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The central bank, on January 31, directed it to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other instruments after February 29.
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Asked if banks can partner with Paytm wallet, he said it is a business decision and they have to carry out required due diligence as per their board-approved policy.
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In the instances where our associate Paytm Payments Bank operates as a back-end bank, these services can seamlessly be transitioned to other partner banks
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On March 11, 2022, the RBI had barred PPBL from onboarding new customers with immediate effect.
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Paytm believes that its strong mobile-first foundation and early AI adoption will give it a competitive edge.
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As announced by makers, the advance bookings for the movie were scheduled to open on December 15.
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Customers buying smartphones at Big C showrooms would receive healthcare benefits worth upto Rs 1.10 lakh for free, said Big C Founder and CMD, M Balu Choudary