Brand Updates

 
Paytm employee in Gurgaon tests positive for Covid-19

Thursday, March 5, 2020, 10:37 AM

Paytm employee in Gurgaon tests positive for Covid-19

A Paytm employee in Gurugram has tested positive for novel coronavirus, the company said in a statement on Wednesday. It said the employee had recently returned from a vacation in Italy, one of the worst-hit countries from coronavirus. Paytm has advised all its employees to work from home for the next couple of days while the Gurugram unit gets sanitized, according to the statement. The company also decided to shut its offices in Gurugram and Noida for at least two days after one of its employees who had recently travelled to Italy was tested positive with COVID-19.

Brand Updates

 
Paytm is forcing users to uninstall TeamViewer, AnyDesk apps to prevent fraud

Wednesday, February 5, 2020, 11:39 AM

Paytm is forcing users to uninstall TeamViewer, AnyDesk apps to prevent fraud

Paytm is asking users to uninstall apps like TeamViewer and AnyDesk. Recently, it was reported that fraudsters were able to con a Paytm customer based in Mumbai about Rs 1,72,000 by simply asking them to update their KYC details. When the victim tried to upload his KYC details, he was asked to download the TeamViewer app. In the midst of fraud and spams, Paytm is now taking matters in its own hands and blocking its customers from using the service as long as they have TeamViewer installed on their phones. As a result of the recent fraud, Paytm’s developers have blacklisted multiple TeamViewer apps. Paytm is now suggesting users uninstall the TeamViewer app before using their services.

Brand Updates

 
Paytm top-up via credit card faces 2

Tuesday, January 7, 2020, 5:38 PM

Paytm top-up via credit card faces 2

Paytm users will have to pay a 2

Real Life Stories

 
Chief conservator of forest lost Rs 60,000 to online fraud

Thursday, December 26, 2019, 6:15 PM

Chief conservator of forest lost Rs 60,000 to online fraud

A 50-year-old Indian Forest Service (IFS) officer was cheated of Rs 60,000 by an online fraudster. The victim had received a message on his mobile phone, stating that his bank account has been temporarily suspended. The victim told police that a fraudster, following the message, got access to his mobile number, Aadhaar number, and other details. He further said that finally, the fraudster linked a Paytm account to his Aadhar and mobile number. Following this, the fraudster withdrew a total of Rs 60,000 in three transactions of Rs 48,000, Rs 10,000 and Rs 2,000 from his State Bank of India (SBI) account.

Brand Updates

 
Paytm raises another $669.5 million from existing investors

Friday, December 13, 2019, 5:46 PM

Paytm raises another $669.5 million from existing investors

Just a couple of weeks after raising a whopping $1 billion, One97 Communications, the parent of digital payments giant Paytm, has raised $669.5 million (roughly Rs. 4,724 crore) in another round of funding. The latest investment was reportedly led by the company's existing investor Alipay, along with participation from SoftBank and T Rowe Price. Out of the total $669.5 million raised, Alibaba Group-owned Alipay has pumped around $202.6 million (nearly Rs. 1,433 crore), while SoftBank and T Rowe Price have infused $202.2 million (nearly Rs. 1,430 crore) and $155.5 million (nearly Rs. 1,100 crore), respectively. The rest of the amount invested in Paytm came from Saudi Arabia-based Samba Financial Group, Seoul-based Hana Investment Company, and other investors.

Blog

 
How a man lost Rs 1.85 Lakhs to Paytm Scam?

Thursday, November 28, 2019, 4:55 PM

How a man lost Rs 1.85 Lakhs to Paytm Scam?

How a man lost Rs 1.85 Lakhs to Paytm Scam? Arvind Kapoor a manager of Ambience Mall in Gurgaon was robbed of a hefty sum of Rs 1.85 Lakhs. Who was ...

Blog

 
What is Paytm KYC Scam?

Wednesday, November 27, 2019, 9:19 AM

What is Paytm KYC Scam?

What is Paytm KYC Scam? If you are using Paytm or digital payment platforms, you must be very careful.  Paytm customers are complaining of fra ...

Blog

 
Paytm warns users against KYC fraud

Thursday, August 29, 2019, 8:48 AM

Paytm warns users against KYC fraud

Paytm warns users against KYC fraud Paytm is India's largest mobile wallet company and offers various services like mobile recharge, bill payme ...

Brand Updates

 
Paytm to expand offerings in education services

Tuesday, July 9, 2019, 6:22 PM

Paytm to expand offerings in education services

Digital payments major Paytm is set to expand its offerings in education services by building an ecosystem to attend to the requirements of students and government job aspirants. The Softbank and Alibaba backed company is partnering with multiple institutions to offer a full range of services across payments, commerce, academic services and financial transactions. "We want to enable the student and parent community to know in advance what they should do to build their career. Right from providing details on 25,000 colleges, courses and exams, our bouquet of services will include - payments (in-app and in educational centres), commerce (coaching, scholarships, test preparation, admission forms etc.) and financial services (student insurance, educational loans, banking)," said Vineet Kaul, senior vice president - Paytm.

Blog

 
This Is How RBI has Made e-wallets Safer

Thursday, February 21, 2019, 5:43 PM

This Is How RBI has Made e-wallets Safer

E-wallet which is also known as a mobile wallet, is a digital version of the physical wallet, which allows users make electronic transactions. There a ...

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