Paytm Payments Bank Fastag Users: Switch To New Provider Before March 15, Check All Options Here
1 year ago

Paytm Payments Bank Fastag Users: Switch To New Provider Before March 15, Check All Options Here

News 18  

Paytm Payments Bank can no longer offer FASTag services. Indian Highways Management Company Ltd, toll collecting arm of state-owned NHAI, recently advised highway users to buy FASTags from 32 authorised banks sans Paytm Payments Bank for hassle-free travel. However, no further funding or top-ups will be allowed in the FASTags issued by Paytm Payments Bank after March 15, 2024. The 32 authorised banks include Airtel Payments Bank, Allahabad Bank, Bank of Baroda, HDFC Bank, ICICI Bank, IDBI Bank, Punjab National Bank, State Bank of India, and Yes Bank, among others.

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History of this topic

‘We have learnt our lessons’: Vijay Shekhar Sharma expects Paytm Payments Bank to get back into business soon
1 month, 3 weeks ago

‘We have learnt our lessons’: Vijay Shekhar Sharma expects Paytm Payments Bank to get back into business soon

Live Mint  

Paytm founder and Chief Executive Officer Vijay Shekhar Sharma said he expects Paytm Payments Bank to get back into business again, according to a Bloomberg report. Last year, the Reserve Bank of India imposed new restrictions on Paytm Payments Bank after multiple warnings about data flows between the bank and fintech Paytm. “We’ve learnt our lessons and we’ve dramatically changed …

Paytm to reapply for payments aggregator licence after nod for infusion by parent
6 months, 2 weeks ago

Paytm to reapply for payments aggregator licence after nod for infusion by parent

Live Mint  

Bengaluru: Paytm Payments Services Ltd received the finance ministry’s approval for a downstream investment by its parent, making it eligible to seek a payments aggregator licence again, in some relief amid regulatory scrutiny. A payments aggregator licence will take PPSL a step closer to normalizing its business operations after a string of regulatory setbacks that halted bulk of its business. …

Is Paytm in talks with Adani Group to sell stake? Company issues clarification
9 months, 2 weeks ago

Is Paytm in talks with Adani Group to sell stake? Company issues clarification

India TV News  

New Delhi: One97 Communications Limited, the parent company of Paytm, has denied being in discussions with the Adani Group about a potential stake sale, terming the report "speculative". This clarification comes in response to a report suggesting that billionaire Gautam Adani was in talks with Paytm founder Vijay Shankar Sharma to buy a stake in the digital payments company. News …

Paytm starts migrating users to new UPI IDs: What changes for you?
11 months ago

Paytm starts migrating users to new UPI IDs: What changes for you?

Hindustan Times  

One97 Communications Limited, Paytm's parent company, began migrating customers to partner payment service provider banks Axis Bank, HDFC Bank, SBI and Yes Bank. Until now, Paytm UPI customers were using Paytm Payments Bank Limited which was barred by the Reserve Bank of India from conducting several business operations. Paytm roped in Axis Bank, Yes Bank, SBI and HDFC Bank as …

Paytm Payments Bank MD and CEO Surinder Chawla quits
11 months, 1 week ago

Paytm Payments Bank MD and CEO Surinder Chawla quits

The Hindu  

Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on April 9. Mr. Chawla's resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI. In a major action against Paytm Payments Bank, RBI, on January 31, directed it to stop accepting deposits or top-ups in any customer …

How to recharge FASTag via Paytm app? A step-by-step guide
11 months, 2 weeks ago

How to recharge FASTag via Paytm app? A step-by-step guide

Live Mint  

Paytm has recently introduced a new feature on its app, allowing users to recharge their FASTags directly through the platform. With this new feature, Paytm users can easily recharge their FASTags through the app, eliminating the need to wait in long queues or face delays at toll plazas. In addition to FASTag recharges, Paytm users will also have the option …

Paytm FASTag: Here's how you can recharge FASTag on Paytm now in just 5 steps
11 months, 2 weeks ago

Paytm FASTag: Here's how you can recharge FASTag on Paytm now in just 5 steps

Hindustan Times  

Paytm FASTag: Paytm announced that it is enabling FASTag recharges directly through its app after the Reserve Bank of India imposed severe restrictions on Paytm Payments Bank Limited over regulatory concerns. Paytm FASTag: Car seen at Gurugram-Faridabad road toll plaza near Bandhwari village, in Gurugram, India. It said, “Paytm is committed to ensuring that its wide range of digital payment …

Can Paytm’s relief rally continue?
11 months, 3 weeks ago

Can Paytm’s relief rally continue?

Live Mint  

Shares of One 97 Communications Ltd, the parent company of Paytm, recovered from a recent low of ₹334 after it received approval from the National Payments Corporation of India on 14 March to continue its UPI business as a third-party application provider. This was more of a relief rally as the Reserve Bank of India had said clearly that its …

Paytm stock gains for 4th consecutive day: Is the worst over?
11 months, 3 weeks ago

Paytm stock gains for 4th consecutive day: Is the worst over?

Hindustan Times  

Paytm share price: Shares of One97 Communications, Paytm's parent company, extended gains for the fourth consecutive session as the stock soared over 4% intra-day basis today hitting day high of ₹425.70 on the NSE. Analysts on Paytm stock Global brokerage firm Morgan Stanley reaffirmed its ‘Equal-Weight’ rating on the stock and maintained a price target of ₹555 per share while …

Paytm jumps 5% as digital payments app survives banking unit shutdown
1 year ago

Paytm jumps 5% as digital payments app survives banking unit shutdown

The Hindu  

Shares of India's Paytm rose a stock exchange-allowed maximum of 5% on Friday, March 15, 2024, a day after it got a third-party application provider license that will allow it to offer digital payments after its banking unit ceases operations. The license, granted by the country's payments authority, came as Paytm Payments Bank will cease to operate on March 15, …

Paytm gets regulatory nod to become a third-party UPI app: What it means for you
1 year ago

Paytm gets regulatory nod to become a third-party UPI app: What it means for you

Hindustan Times  

Paytm third party app: National Payments Corporation of India granted approval to One97 Communications Limited, Paytm's parent entity, to participate in UPI services as a third-party application provider. "YES Bank shall also be acting as merchant acquiring bank for existing and new UPI merchants for OCL. Paytm third party app: What it means for customers The nod means you can …

Paytm Payments Bank closes today: What happens to FASTags, UPI, wallet
1 year ago

Paytm Payments Bank closes today: What happens to FASTags, UPI, wallet

Hindustan Times  

Paytm Payments Bank deadline: Paytm Payments Bank is barred from services such as deposits, credit transactions, and FASTag recharges from March 15, the Reserve Bank of India directed. Paytm Payments Bank deadline: Here's what will be affected Money depositing: Users will not be able to deposit money into their PPBL accounts from March 15 onwards. Paytm Payments Bank deadline: Authorised …

Paytm share price drops 5% ahead of Payments Bank deadline: Will fall continue?
1 year ago

Paytm share price drops 5% ahead of Payments Bank deadline: Will fall continue?

Hindustan Times  

Paytm share price: Shares of Paytm's parent company One97 Communications Ltd tanked 5 per cent, third lower circuit in as three days. This would allow customers to continue using the Paytm app for payments through unified payment interface and would help the company as Paytm Payments Bank ceases operations by March 15. Economic Times reported that four banks- Axis Bank, …

Where To Buy FASTag? Check Full List Of NHAI-Authorised Issuers
1 year ago

Where To Buy FASTag? Check Full List Of NHAI-Authorised Issuers

News 18  

After the Reserve Bank of India ordered the closure of Paytm Payments Bank owing to non-compliance and supervisory concerns, the National Highway Authority of India removed Paytm Payments Bank Ltd from its list of FASTag issuing NBFCs and banks. The NBFCs and banks listed on the revised list of FASTag issuers approved by the NHAI are Airtel Payments Bank, Allahabad …

Paytm Payments Bank removed from FASTag issuers list. These are authorised banks: Check full list here
1 year ago

Paytm Payments Bank removed from FASTag issuers list. These are authorised banks: Check full list here

Hindustan Times  

FASTags authorised banks: The National Highway Authority of India updated list of authorized banks and non-banking financial companies which can issue FASTags. This comes after the Reserve Bank of India barred Paytm Payments Bank Ltd from certain operations including FASTags citing non-compliance and supervisory concerns. Paytm Payments Bank has been removed from the list of authorised banks for FASTags. Airtel …

Paytm Payments Bank removed from FASTag issuers list | Check full list of NHAI-authorized banks
1 year ago

Paytm Payments Bank removed from FASTag issuers list | Check full list of NHAI-authorized banks

India TV News  

FASTags authorised banks: The National Highway Authority of India has updated the list of authorized banks and non-banking financial companies which can issue FASTags. The revised list does not include Paytm Payments Bank has been removed from the list of authorised banks for FASTags. The Reserve Bank of India has prohibited Paytm Payments Bank Ltd from conducting certain operations, including …

NHAI wants Paytm FASTag users to switch to other banks before March 15: Here's why
1 year ago

NHAI wants Paytm FASTag users to switch to other banks before March 15: Here's why

India TV News  

NHAI wants Paytm FASTag users to switch to other banks before March 15: Here's why In compliance with the guidelines issued by the Reserve Bank of India regarding restrictions on Paytm Payments Bank, Paytm FASTag users will not be able to recharge or top-up their balance after March 15th. Considering this, the National Highways Authority of India on Wednesday advised …

FASTag KYC, Paytm Payments Bank To Aadhaar Updation, 6 Money Deadlines You Can’t Miss In March
1 year ago

FASTag KYC, Paytm Payments Bank To Aadhaar Updation, 6 Money Deadlines You Can’t Miss In March

News 18  

March 2024 brings a flurry of crucial financial and administrative deadlines. Notably, Paytm Payments Bank customers have until the 15th to transfer their funds to other accounts, while free Aadhaar updates cease on the 14th, incurring fees thereafter. March 15 Paytm Payments Bank deadline: Customers of Paytm Payments Bank need to transfer their assets to another bank by this date. …

Paytm cuts ties with Paytm Payments Bank, ends inter-company pacts after RBI's crackdown
1 year ago

Paytm cuts ties with Paytm Payments Bank, ends inter-company pacts after RBI's crackdown

Hindustan Times  

Paytm's parent company One 97 Communications said in a company filing on Friday that the firm's board has decided to discontinue the inter-company pacts with its banking service Paytm Payments Bank to reduce dependencies. Paytm has cut company ties with Paytm Payments Bank Paytm Payments Bank Limited has remained under the lens of the Reserve Bank of India for a …

Paytm discontinues inter-company agreements with Paytm Payments Bank
1 year ago

Paytm discontinues inter-company agreements with Paytm Payments Bank

Live Mint  

Fintech major Paytm on March 1 said it has mutually agreed to discontinue various inter-company agreements with its payments bank unit Paytm Payments Bank to “reduce dependencies”, Reuters reported. The goal is to enhance the governance of Paytm Payments Bank, making it more independent of its shareholders. The Paytm Payment Bank Crisis Paytm's fintech arm, PPBL has been hit with …

Paytm takes strategic measures amid PPBL crisis: Discontinues inter-company agreements to cut dependencies
1 year ago

Paytm takes strategic measures amid PPBL crisis: Discontinues inter-company agreements to cut dependencies

India TV News  

In response to regulatory actions from the Reserve Bank of India, One 97 Communications, the parent company of Paytm, has announced plans to discontinue inter-company agreements with its associate entity, Paytm Payments Bank Limited. Board approves discontinuation of agreements The decision to terminate inter-company pacts and simplify the shareholder agreement was approved by the board of One 97 Communications on …

GST rule change, FASTag deactivation among key financial changes in March 2024 | Check list
1 year ago

GST rule change, FASTag deactivation among key financial changes in March 2024 | Check list

India TV News  

Business news: Some major changes are set to come into effect starting March 1, 2024, that are likely to have an impact on the daily operations of the people. Let’s take a look at key changes taking place from March 1, 2024 GST rule change Those businesses whose turnover surpasses Rs 5 crore mark will have to include e-invoice details …

Why did Vijay Shekhar Sharma have to resign as Paytm Payments Bank chairman?
1 year ago

Why did Vijay Shekhar Sharma have to resign as Paytm Payments Bank chairman?

Hindustan Times  

Vijay Shekhar Sharma, the founder and CEO of Paytm, has resigned from his position as part-time non-executive chairman of Paytm Payments Bank Limited amid RBI's clampdown on the fintech firm over compliance issues. Vijay Shekhar Sharma, the Founder and CEO of Paytm Due to persistent non-compliance and ongoing material supervisory concerns, the Reserve Bank of India has prohibited PPBL from …

Vijay Shekhar Sharma resigns as chairman of Paytm Payments Bank; board reconstituted
1 year ago

Vijay Shekhar Sharma resigns as chairman of Paytm Payments Bank; board reconstituted

Hindustan Times  

Paytm founder Vijay Shekhar Sharma has resigned as part-time non-executive Chairman of Paytm Payments Bank Limited ahead of the March 15 deadline to wind down its business. PPBL has also reconstituted its Board of Directors with the appointment of Ex-Central Bank of India Chairman Srinivasan Sridhar, retired IAS officer Debendranath Sarangi, former Executive Director of Bank of Baroda Ashok Kumar …

Paytm FASTag will not work after March 15. What alternatives are the best for you?
1 year ago

Paytm FASTag will not work after March 15. What alternatives are the best for you?

Hindustan Times  

Customers using Paytm Payments Bank Limited for FASTags, will have to close their existing FASTags and open new ones after March 15, in line with the Reserve Bank of India's January 31 directive to PPBL – the banking arm of fintech major Paytm – over ‘persistent non-compliances.’ After March 15, 2024, you will not be able to top-up or recharge …

Paytm Payments Bank Chairman Vijay Shekhar Sharma quits
1 year ago

Paytm Payments Bank Chairman Vijay Shekhar Sharma quits

India Today  

Paytm founder Vijay Shekhar Sharma on Monday resigned as Paytm Payments Bank Chairman ahead of March 15 deadline set by the Reserve Bank of India to accept further credits into its customer accounts. Vijay Shekhar Sharma was the part-time non-executive Chairman of Paytm Payments Bank Limited. The announcement comes weeks after RBI barred Paytm Payments Bank from receiving deposits and …

NPCI to examine Paytm's third-party app request for UPI: RBI
1 year ago

NPCI to examine Paytm's third-party app request for UPI: RBI

Hindustan Times  

The Reserve Bank of India on Friday said it has advised National Payments Corporation of India to examine One97 Communication Limited's request seeking approval for the Third-Party Application Provider route for continuation of Paytm's Unified Payments Interface services. Paytm Payments Bank cannot onboard new customers after March 15 One97 Communication Limited is the parent firm of fintech major Paytm. On …

Will Paytm Wallet continue to work after March 15? So far Paytm has not clarified clearly
1 year ago

Will Paytm Wallet continue to work after March 15? So far Paytm has not clarified clearly

India Today  

Paytm Payments Bank will be banned or seized next month as the deadline for this just recently got extended. While the company has published a dedicated FAQ page to explain what will work on Paytm after March 15, it hasn't clarified whether Wallet will continue to work even if you haven't linked with Paytm Payments Bank. It's important to note …

Vijay Shekhar Sharma's message on Paytm QR code, soundbox: Will work ‘today, tomorrow…’
1 year ago

Vijay Shekhar Sharma's message on Paytm QR code, soundbox: Will work ‘today, tomorrow…’

Hindustan Times  

Paytm founder and CEO Vijay Shekhar Sharma said that its QR code and soundbox facility will continue to work even after March 15 as the company faces crisis after RBI's restrictions. Vijay Shekhar Sharma wrote on X, “Paytm QR, soundbox and EDC will continue to work like always, even after March 15. Paytm Crisis: Paytm founder and CEO Vijay Shekhar …

Paytm explains what will and what will not work after March 15: All about UPI, Fastag, Wallet and more
1 year ago

Paytm explains what will and what will not work after March 15: All about UPI, Fastag, Wallet and more

India TV News  

It is no secret that Paytm has been facing RBI restrictions in India, which is considered the deadliest ban on Paytm Payments Bank. FASTtag/NCMC Card issued by Paytm Payments Bank: Can we use it after March 15? Yes, you can currently use them by Paytm Payments Bank, but you will not be able to recharge or add money after March …

Paytm, Axis Bank to apply this week for third-party route for UPI: Report
1 year ago

Paytm, Axis Bank to apply this week for third-party route for UPI: Report

Hindustan Times  

One97 Communications Limited, which owns Paytm, and recently joined hands with Axis Bank in the wake of Reserve Bank of India's crackdown against Paytm Payments Bank, will apply this week for the third-party application provider route, with the application to be sent to the National Payments Corporation of India, Moneycontrol has reported. Cutlery vendor switches on Paytm, a digital payments …

Paytm FASTag: How to delete your FASTag account from Paytm Payments Bank?
1 year ago

Paytm FASTag: How to delete your FASTag account from Paytm Payments Bank?

Hindustan Times  

The National Highway Authority of India removed Paytm Payments Bank Ltd from its approved list of FASTag providers. This comes as the Reserve Bank of India in January issued a report saying that Paytm Payments Bank faces charges of non-compliance and needs to halt its operations by February 29. Paytm FASTag: Car seen at Gurugram-Faridabad road toll plaza near Bandhwari …

Paytm FASTag port: How can you port account to other banks. Details
1 year ago

Paytm FASTag port: How can you port account to other banks. Details

Hindustan Times  

Paytm FASTag port: The National Highway Authority of India has not included Paytm Payments Bank in its list of 32 authorised banks for the service after regulatory actions by the Reserve Bank of India against the company. Paytm FASTag port: After March 15, 2024, you will not be able to top-up or recharge your FASTag issued by Paytm Payments Bank. …

Paytm invalid for FASTag: These are 32 authorised banks you can use
1 year ago

Paytm invalid for FASTag: These are 32 authorised banks you can use

Hindustan Times  

Paytm FASTag: The National Highways Authority of India removed Paytm from the list of authorised banks that can issue new FASTags. Paytm FASTag: Car seen at Gurugram-Faridabad road toll plaza near Bandhwari village, in Gurugram, India. Paytm FASTags will become non-functional after the Reserve Bank of India issued an order directing Paytm Payments Bank to cease taking deposits or top-ups …

Paytm Fastag Deactivate: How to do it, a step by step guide for you
1 year ago

Paytm Fastag Deactivate: How to do it, a step by step guide for you

Hindustan Times  

Paytm FASTags: Highway users have been asked to buy FASTags from 32 authorised banks and not Paytm Payments Bank after the Reserve Bank of India's directed Paytm to stop accepting deposits and top-ups from any customers after February 29. Paytm FASTag: After March 15, 2024, you will not be able to top-up or recharge your FASTag issued by Paytm Payments …

Can you continue to use Paytm FASTag for toll payments? Check RBI FAQs for customers
1 year ago

Can you continue to use Paytm FASTag for toll payments? Check RBI FAQs for customers

India TV News  

The Indian Highways Management Company Ltd, responsible for toll collection on highways, has advised travellers to purchase FASTags from 32 authorised banks, excluding Paytm Payments Bank for seamless travel. As of March 15, 2024, FASTags issued by Paytm Payments Bank will no longer support top-up or recharge functionalities. Furthermore, the RBI assures that PPBL customers can withdraw or utilise their …

Paytm shares surge 5% as Axis Bank steps in for merchant settlements amid RBI compliance woes
1 year ago

Paytm shares surge 5% as Axis Bank steps in for merchant settlements amid RBI compliance woes

New Indian Express  

NEW DELHI: Shares of One97 Communications -- owner of the brand Paytm -- jumped 5 per cent in the morning trade on Monday after the crisis-hit fintech company's decision to collaborate with Axis Bank for the continuation of merchant settlements. In the morning trade, the 30-share BSE Sensex benchmark gained 185.81 points or 0.26 per cent to 72,612.45, while NSE …

Paytm Payments Bank Crisis: Here's how you can purchase, deactivate your FASTag
1 year ago

Paytm Payments Bank Crisis: Here's how you can purchase, deactivate your FASTag

India TV News  

Paytm Payments Bank Crisis: Here's how you can purchase, deactivate your FASTag As per the recently released FAQs by the RBI, users will no longer be able to recharge their FASTags issued by PPBL after March 15. The Indian Highways Management Company Ltd, the toll-collecting arm of the state-owned National Highways Authority of India, advised highway users to obtain FASTags …

Paytm Payments Bank crisis: RBI issues 30 FAQs after crackdown
1 year, 1 month ago

Paytm Payments Bank crisis: RBI issues 30 FAQs after crackdown

Hindustan Times  

The Reserve Bank of India, soon after extending the deadline to halt operations, issued a list of frequently asked questions for Paytm Payments Bank account holders. After March 15, 2024, you will not be able to deposit money into your account with Paytm Payments Bank. After March 15, 2024, you will not be able to receive any such credits into …

Paytm FASTag holders advised to switch to other banks by March 15| Details
1 year, 1 month ago

Paytm FASTag holders advised to switch to other banks by March 15| Details

India Today  

The Indian Highways Management Company Ltd, which collects tolls for the government on highways, says people should get FASTags from 32 banks, not including Paytm Payments Bank, for easier travel. But the Reserve Bank of India, on Friday, said in its frequently asked questions that people can still use FASTags to pay tolls as long as there's enough money in …

RBI Releases FAQs on Paytm Payments Bank Operations After March 15
1 year, 1 month ago

RBI Releases FAQs on Paytm Payments Bank Operations After March 15

Deccan Chronicle  

Mumbai: The Reserve Bank of India on Friday issued a list of frequently asked questions on Paytm Payments Bank for the convenience of the customers of the fintech giant which has been banned from onboarding new customers. The RBI in a press statement announced extending the deadline for Paytm Payments Bank to wind down operations by 15 days to March …

RBI extends deadline for Paytm Bank customers to make deposits, access credit transactions till March 15
1 year, 1 month ago

RBI extends deadline for Paytm Bank customers to make deposits, access credit transactions till March 15

The Hindu  

The Reserve Bank of India has extended the earlier stipulated deadline for Paytm Payments Bank’s customers to make deposits and access credit transactions till March 15, 2024. However, those merchants who are accepting payments using a Paytm QR code, Paytm soundbox, Paytm POS terminal linked to their bank account or wallet with Paytm Payments Bank will not be able to …

RBI gives 15 days relaxation to Paytm Payments bank, says Paytm QR, soundbox, POS will continue to work
1 year, 1 month ago

RBI gives 15 days relaxation to Paytm Payments bank, says Paytm QR, soundbox, POS will continue to work

Op India  

The Reserve Bank of India on Friday gave a 15 day relaxation to Paytm payments bank on accepting deposits. However, no fresh deposits with partner banks through Paytm Payments Bank will be allowed after March 15, 2024. Merchants using Paytm Payments Bank to receive payments using a Paytm QR code, Paytm soundbox or Paytm POS terminal, linked to another bank …

Paytm QR code, card machine to work even after March 15 only if….
1 year, 1 month ago

Paytm QR code, card machine to work even after March 15 only if….

Hindustan Times  

The Reserve Bank of India clarified that the widely used Paytm QR code and Soundbox by merchants will not be affected by its action on Paytm Payments Bank if they are linked to accounts with other banks, it said in a ‘Frequently Asked Questions’ document released on Friday. If the Paytm QR code, Paytm Soundbox is not linked to Paytm …

RBI gives 15 more days till March 15 to Paytm Payments Bank to stop transactions
1 year, 1 month ago

RBI gives 15 more days till March 15 to Paytm Payments Bank to stop transactions

The Hindu  

The RBI on February 16 gave 15 days more till March 15, 2024 to Paytm Payments Bank Ltd to stop deposits, credit transactions or top-ups in any customer accounts, wallets, and FASTags, keeping in view the interest of customers, including merchants. As per a January 31 order of the central bank, PPBL was asked to stop further deposits, credit transactions, …

Paytm Crisis: RBI Extends Deadlines on Certain Business Restrictions Till March 15
1 year, 1 month ago

Paytm Crisis: RBI Extends Deadlines on Certain Business Restrictions Till March 15

News 18  

The Reserve Bank of India on Friday extended deadlines on certain business restrictions regarding Paytm Payments Bank Ltd by 15 days till March 15, 2024, as against the February 29 decided earlier. PPBL Business Restrictions Where Deadline Extended Till March 15 In a notification, the RBI said, “No further deposits or credit transactions or top ups shall be allowed in …

RBI grants Paytm Payments Bank extension until March 15 to stop deposits
1 year, 1 month ago

RBI grants Paytm Payments Bank extension until March 15 to stop deposits

Hindustan Times  

The RBI on Friday gave 15 days more till March 15, 2024 to Paytm Payments Bank Ltd to stop deposits, credit transactions or top-ups in any customer accounts, wallets, and FASTags, keeping in view the interest of customers, including merchants. A customer pays cash to buy vegetables next to a QR code of Paytm, a digital payments firm, on display …

Paytm Payments Bank not on list of 32 authorised banks for new FASTag. Here's why
1 year, 1 month ago

Paytm Payments Bank not on list of 32 authorised banks for new FASTag. Here's why

Hindustan Times  

In the midst of the ongoing controversy after the Reserve Bank of India crackdown, Paytm Payments Bank was left out of the list of 32 banks authorisied to issue new FASTag for vehicles, issued by the road tolling authority. Paytm Payments Bank not authorised to issue FASTag anymore The Indian Highway Management Company, which is the tolling arm of the …

Paytm Payments Bank gets reprieve till March 15, RBI cites customers' interest
1 year, 1 month ago

Paytm Payments Bank gets reprieve till March 15, RBI cites customers' interest

India Today  

The Reserve Bank of India on Friday extended the earlier deadline given to Paytm Payments Bank Limited to stop key services, including credit transactions, deposits, wallet, and FASTags. The central bank has said in a fresh circular that the new deadline is March 15, and also released a list of FAQ on Paytm Payments Bank. "Keeping in view the interest …

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