Paytm Payments Bank Integrates UPI to Simplify Transactions

HIGHLIGHTS Paytm Payments Bank will integrate with UPI, the company said The payments bank account is separate from the Paytm Wallet Wallet users can only use UPI to reload cash in the wallet Paytm has announced that the Paytm Payments Bank will adopt the Unified Payments Interface (UPI) to simplify transactions. The Paytm Payments BankRead More

Apple announces peer-to-peer payments with new operating system

Apple Inc. AAPL, -1.07% announced peer-to-peer payments using Apple Pay Monday, putting it in competition with PayPal Inc.’s PYPL, -0.17% Venmo. Apple announced the update, along with its new iOS 11 operating system, at its developer conference. IOS users will be able to send payments through iMessage and also store the money received on AppleRead More

Paytm Looking to Launch Payments Bank Before Diwali

Digital payment platform Paytm is readying a budget of Rs. 350-500 crores to roll out its payments bank and eyeing an October launch before Diwali this year, a top executive said. “It is a large budget of about Rs. 350-500 crores. We are working on the launch of services. Technology implementation will take a bitRead More