Login

News Post

Paytm focusing on consumer payments business: CEO

Economic TimesEconomic Times · 23d
Paytm focusing on consumer payments business: CEO

- Paytm's immediate priority is to invest in its consumer payments business to recover its lost user base due to regulatory actions by the RBI. - The RBI had restricted Paytm Payments Bank from accepting deposits or facilitating credit transactions, which affected its user base. - Paytm sold its ticketing business to Zomato to focus on core operations like payments and financial services distribution. - The company aims to reinvest in the consumer payments business area and regain its lost consumer base. - Paytm has seen a decline in monthly transactional users but has experienced incremental growth on the merchant side. - Paytm is adopting the Third-Party Application Provider (TPAP) business model to offer digital payments services through various platforms or applications.

8
2
View Source

Comments

More Like this

Inside Paytm’s Big Reset: CEO Vijay Shekhar Sharma Takes Charge Of Key Verticals As Leaders Exit

Inside Paytm’s Big Reset: CEO Vijay Shekhar Sharma Takes Charge Of Key Verticals As Leaders Exit

Paytm parent’s staff costs rise 21% in a challenging year

Paytm parent’s staff costs rise 21% in a challenging year

Zomato in talks to acquire Paytm's movies, ticketing business; deal pegged at around Rs 1,500 crore: sources

Zomato in talks to acquire Paytm's movies, ticketing business; deal pegged at around Rs 1,500 crore: sources

Paytm AGM: One97 Communications share price in green as CEO confirms plans to reapply for payment aggregator license | Mint

Paytm AGM: One97 Communications share price in green as CEO confirms plans to reapply for payment aggregator license | Mint

Paytm Shares Slip To 52-Week Low Amid Exodus Of Leaders

Paytm Shares Slip To 52-Week Low Amid Exodus Of Leaders

RBI move against Paytm likely to disrupt retail payments

RBI move against Paytm likely to disrupt retail payments

Paytm plans to revamp senior leadership, key

Paytm plans to revamp senior leadership, key

PayU eyes B2B pay, credit play under new top brass

PayU eyes B2B pay, credit play under new top brass

Sharma's Paytm UPI payments drop further in March; PhonePe show gains

Sharma's Paytm UPI payments drop further in March; PhonePe show gains

Paytm looking to migrate UPI payments to four banks, eyes TPAP status before March 15

Paytm looking to migrate UPI payments to four banks, eyes TPAP status before March 15

Download the medial app to read full posts, comements and news.