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Paytm (an acronym for " pay through mobile ") is an Indian multinational financial technology company, that specializes in digital payments and financial services, based in Noida, India. [ 4 ] Paytm was founded in 2010 by Vijay Shekhar Sharma under One97 Communications. The company offers mobile payment services to consumers and enables ...
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One97 Communications Limited was founded in 2000 by Vijay Shekhar Sharma in New Delhi.The company is headquartered in Noida, India. [10] It launched Paytm in 2009 as a digital payments platform to facilitate cashless payments. [11]
Paytm Payments Bank (PPBL) was an Indian payments bank, founded in 2017 and headquartered in Noida. [ 4 ] In the same year, it received the license to run a payments bank from the Reserve Bank of India and was launched in November 2017. [ 5 ][ 6 ][ 7 ] In 2021, the bank received a scheduled bank status from the RBI. [ 8 ][ 9 ] Vijay Shekhar ...
The payments bank has not been able to sign on new customers since March 2022, and the RBI slapped a $650,000 fine last October for not following know-your-customer requirements.
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