The investment, which is reportedly less than $12 Mn, will enable Paytm to scale up its payments gateway vertical and signal that the fintech major is still in the Centre’s good books.

Stating that this is just a "transfer of ownership of wallet to a new company called Paytm Payments Bank Ltd", Paytm said customers will be given an option to open a separate bank account when the ...

The ED found that several payment gateways, including Razorpay, PayU, Easebuzz, and Paytm, were being used to facilitate transactions for the HPZ Token app, according to the report. These payment ...