Tag: One 97 Communications
STARTUP/TECHNOLOGY Paytm Launches Split Bills Feature Ahead Of Friendship Day For Groups

Paytm (One 97 Communications Ltd), a leading financial services distribution company and pioneer of mobile payments, has launched Paytm Split Bills on its app ahead of Friendship Day, enabling users to easily manage and settle shared expenses. The feature is aimed at friend groups, college students, Gen Z and young professionals, helping them track expenses […]

CW Bureau · Jul 29, 2026
STARTUP/TECHNOLOGY Paytm Defers Bonus Issue For Now, To Focus On Growth And Profitability

One 97 Communications Ltd (Paytm), a leading digital payments and financial services company, has decided not to proceed with its proposed bonus share issue for the time being, choosing instead to prioritise growth and profitability to create long-term shareholder value. The company said the Board, after evaluating the proposal and holding detailed deliberations, concluded that […]

CW Bureau · Jul 21, 2026
STARTUP/TECHNOLOGY Paytm Europe Granted Luxembourg Payment Institution Licence By CSSF

One 97 Communications Ltd., the parent company of Paytm, has secured a major regulatory milestone in its global expansion journey after its step-down wholly owned subsidiary, Paytm Europe Payments S.A., received a Payment Institution Licence from Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF). The approval paves the way for Paytm Europe […]

CW Bureau · Jul 3, 2026
STARTUP/TECHNOLOGY Paytm Infuses About ₹99 Cr Into Its European Arm To Support Expansion

One 97 Communications Ltd (OCL), which owns digital payments and financial services platform Paytm, has infused €9 million (about ₹99 crore) into its Luxembourg-based step-down wholly owned subsidiary, Paytm Europe Payments S.A., to support its business and operational requirements in Europe. The investment has been made through Paytm Cloud Technologies Ltd (PCTL), a wholly owned […]

CW Bureau · Jun 2, 2026
STARTUP/TECHNOLOGY Paytm Launches Pocket Money For Teenagers To Make UPI Payments

Paytm (One 97 Communications Ltd), India’s full-stack merchant payments leader serving MSMEs and enterprises, and the pioneer of mobile payments, QR codes and Soundbox, has announced the launch of Paytm Pocket Money. The feature enables teenagers to make Paytm UPI payments without having their own bank account, while allowing parents and trusted family members to […]

CW Bureau · May 18, 2026
BANKING & FINANCE Compliance Matters: The Inside Story Of Paytm Bank Licence Cancellation

In one of the toughest regulatory actions in India’s fintech space, the Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank Ltd (PPBL) with effect from April 24, 2026, citing persistent non-compliance and serious governance concerns. The move effectively shuts down the payments bank and sets in motion a winding-up […]

CW Bureau · Apr 26, 2026