Sunday, October 01, 2023
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Paytm

Paytm was the first to go live on the ONDC Network and launched Paytm se ONDC Network on the Paytm app powered by PEPL

Consumer engagement on the Paytm App continues to see expansion with the average MTU growing 20 per cent YoY to 9.4 crore

The company is in talks with a fresh investor, as per media reports

Vijay Shekhar Sharma will acquire a 10.3 per cent stake in Paytm from Antfin through an off-market transfer

EMV 3DS is the latest security protocol to seamlessly authenticate consumers and safeguard against card-not-present (CNP) fraud

Paytm is building an India-scale Al system that will help various financial institutes in capturing possible risks and frauds

Over 63 per cent of all UPI lite payments on Paytm QR are from the Paytm app

This came after PricewaterhouseCoopers (PwC) India resigned as the fintech's auditor on 7th August

After the resignation of PwC, Paytm has appointed S.R Batliboi & Associates as new auditors for the company

Vijay Shekhar Sharma would continue as Managing Director and CEO, and the existing board would continue as it is