Paytm share jumps 4% on strong Q3 business update
The total loan disbursements grew 357% YoY to ₹9,958 crore, while the number of loans grew 117% YoY to 0.37 crore in Q3 FY23.
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Mobile, digital wallets hold 66% of India’s e-comm market
In terms of alternative payment solutions, Google Pay has overtaken Amazon Pay to become the most preferred online payment solution in India, while Paytm ranked third
Paytm closes FY22 with loss of ₹2,396 cr; revenue up 77%
For Q4 FY22, Paytm’s net loss widens by 71% YoY to ₹762.5 crore, while revenue from operations rose 89% to ₹1,540.9 crore
Predictions 2022: Pine Labs' Kush Mehra sees UPI, e-RUPI taking fintech centre stage
e-RUPI will see more innovation in 2022, be it in corporate gift vouchers, processing donations, or usage by the government for direct benefit transfers.
Card payments need tokenisation in 2022; all your queries answered
The transition to card tokenisation might not be a smooth one, where all participants institutions are likely to face some disruption during the initial days.
