Paytm, the leading mobile pay firm in India, announced Tuesday (Jan. 3) that it received permission from the Reserve Bank of India to formally launch Paytm Payments Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
It doesn’t take long for fraudsters to find new vulnerabilities in payments — and when they do, all bets are off. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
India Prime Minister Narendra Modi defended his move to ban high-denomination bank notes in a televised speech in which he announced incentives to help the poor, farmers, women and small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
It’s not so much the what, but the where. That’s how PayU CEO Laurent Le Moal framed his predictions for 2017 in a conversation he had with Karen Webster about the year ahead. While the new year, Le Moal said, will be filled with new...
The money transfer market isn’t what it used to be. As consumers have become more comfortable with digital in their everyday lives, that expectation has shifted to the service of moving money globally as well. Peter Ohser, chief revenue officer of Americas and Europe at...
Paytm, the mobile wallet provider in India, is gearing up to bring on board 5 million merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Venezuelan President Nicolas Maduro has reportedly said that the Venezuelan government would again extend the validity of 100-bolivar notes (worth some $0.02 on the black market) from Jan. 2 of next year to Jan. 20. Get the Full Story Complete the form to unlock this article...
With India’s demonetization set to come to an end on Dec. 30, banks in the country are warning the government they will have a tough time handling the sudden rush for cash when the program is over. Get the Full Story Complete the form to...
State Bank of India is no longer letting customers of its internet banking system transfer money to their Paytm wallets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....