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Paytm
Paytm (an acronym for "Pay Through Mobile") is an Indian Multinational corporation, multinational Fintech, financial technology company, that specializes in digital wallet, digital payments and financial services, based in Noida, India. Paytm was founded in 2010 by Vijay Shekhar Sharma under One97 Communications. The company offers mobile payment services to consumers and enables merchants to receive payments through QR code payment, Soundbox, Android-based-payment terminal, and online payment gateway. In partnership with financial institutions, PayTM also offers financial services such as microcredit and buy now, pay later to its consumers and merchants. Apart from E-commerce payment system, bill payments and Instant payment, money transfer, the company also provides Electronic ticket, ticketing services, Broker, retail brokerage products and online games. PayTM's parent company One97 Communications was listed on the Indian stock exchanges on 18-November-2021 after an initial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paytm First Games
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. Paytm was founded in 2010 by Vijay Shekhar Sharma under One97 Communications. The company offers mobile payment services to consumers and enables merchants to receive payments through QR code payment, Soundbox, Android-based-payment terminal, and online payment gateway. In partnership with financial institutions, PayTM also offers financial services such as microcredit and buy now, pay later to its consumers and merchants. Apart from bill payments and money transfer, the company also provides ticketing services, retail brokerage products and online games. PayTM's parent company One97 Communications was listed on the Indian stock exchanges on 18-November-2021 after an initial public offering, which was the largest in India at the time. For the fiscal year 2022–23, PayTM's gross merch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
One97 Communications
One97 Communications Ltd is an Indian multinational technology company, headquartered in Noida, Uttar Pradesh, India. It was founded in 2000 by Vijay Shekhar Sharma. Through its subsidiaries and businesses, the company offers digital payment and financial services to consumers and merchants in India. It also provides mobile advertising, marketing and payments for merchants. In 2021, the company became publicly listed after the largest ever initial public offering (IPO) in India's history. It was listed on Indian stock exchanges on 08-November-2021. History One97 Communications Limited was founded in 2000 by Vijay Shekhar Sharma in New Delhi. The company is headquartered in Noida, India. It launched Paytm in 2009 as a digital payments platform to facilitate cashless payments. It owns various businesses and subsidiaries – Paytm Payments Bank, Paytm Payments Gateway, Paytm Payout, Paytm Money, Paytm Insider, Paytm Insurance, Paytm Postpaid, Paytm for Business, Paytm Credit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paytm Payments Bank
Paytm Payments Bank (PPBL) was an Indian payments bank, founded in 2017 and headquartered in Noida. 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. In 2021, the bank received a scheduled bank status from the RBI. Vijay Shekhar Sharma holds 51 percent in the entity with One97 Communications holding 49 percent. Vijay Shekhar Sharma is the promoter of Paytm Payments Bank, and One97 Communications Limited is not categorized as one of its promoters. He resigned as part-time non-executive chairman and board member of Paytm Payments Bank, citing regulatory challenges with the Reserve Bank of India. On , Paytm Payments Bank was stopped from onboarding new customers onto their platform, due to persistent non-compliance and continued material supervisory concerns within the bank. It was also told to not accept deposits or credit transactions or top ups shall be allowed in any customer accounts, prepaid in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vijay Shekhar Sharma
Vijay Shekhar Sharma (born 7 June 1978) is an Indian technology entrepreneur, and the founder and chief executive officer of One97 Communications and its consumer brand Paytm. In January 2022, the ICANN-supported Universal Acceptance Steering Group appointed him as its in India. As of September 2022, he had a net worth of US$1.1 billion according to ''Forbes''. Early life and education Vijay Shekhar Sharma was born in Aligarh, Uttar Pradesh on 7 June 1978, the third of the four children of Sulom Prakash Sharma, a schoolteacher, and Asha Sharma, a homemaker. He did his schooling from Harduaganj, a small town near Aligarh. He enrolled in college at the age of 15 and graduated with a B.Tech degree from the Delhi College of Engineering (now Delhi Technological University) at 19 years old Career In 1997, while in college, he started the website indiasite.net, and sold it two years later for US$1 million. Three years later, in 2000, he started One97 Communications which of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
QR Code Payment
A QR code payment is a mobile payment method where payment is performed by scanning a QR code from a mobile app. This is an alternative to doing electronic funds transfer at point of sale using a payment terminal. This avoids a lot of the infrastructure traditionally associated with electronic payments such as payment cards, payment networks, payment terminal and merchant accounts. To make a QR code payment, the consumer scans the QR code displayed by the merchant with their smartphone to pay for their goods. They enter the amount they have to pay and finally submit. This is a more secure card-not-present method than others. History The QR code system was invented in 1994 by Masahiro Hara from the Japanese company Denso#Denso Wave, Denso Wave. In December 2010, the first documented description of QR code-based payments came from two patents filed by Shaun Cooley and Andrew Charles Payne, based on a prototype system developed for Norton (software), Norton Labs at Gen Digital, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Noida
Noida (), short for New Okhla Industrial Development Authority (ISO: ), is a city located in Gautam Buddha Nagar district of the Indian state of Uttar Pradesh. As per provisional reports of Census of India, the population of Noida in 2011 was 642,381. The city is managed by New Okhla Industrial Development Authority (NOIDA). The district's administrative headquarters are in the nearby city of Greater Noida. The city is a part of the Noida (Vidhan Sabha) constituency and Gautam Buddha Nagar (Lok Sabha) constituency. Noida was ranked as the "Best City in Uttar Pradesh" in the "Best City Awards" conducted by ABP News in 2015. It is also ranked the cleanest city in medium category cities (cities with a population of 300,000 to 1,000,000) and 4th cleanest city among cities with less than 1,000,000 people. History The city lies in the cultural region of Braj. Noida came into administrative existence on 17 April 1976 and celebrates 17 April as "Noida Day". It was set up as part ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mobile Payment
Mobile payment, also referred to as mobile money, mobile money transfer and mobile wallet, is any of various payment processing services operated under financial regulations and performed from or via a mobile device. Instead of paying with cash, cheque, or credit card, a consumer can use a payment app on a mobile device to pay for a wide range of services and digital or hard goods. Although the concept of using non-coin-based currency systems has a long history, it is only in the 21st century that the technology to support such systems has become widely available. Mobile payments began adoption in Japan in the 2000s and later all over the world in different ways. The first patent exclusively defined "Mobile Payment System" was filed in 2000. In a developing country, mobile payment solutions can be deployed as a means of extending services of financial institutions to the community known as the "unbanked" or " underbanked", which is estimated to be as much as 50 percent of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ant Group
Ant Group ( zh, s=蚂蚁集团, p=Mǎyǐ jítuán, t=), formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group. The group owns the world's largest mobile (digital) payment platform Alipay, which serves over 1.3 billion users and 80 million merchants, with total payment volume (TPV) reaching in June 2020. As of 2024, it is the sixth largest fintech company in the world. In March 2019, ''The Wall Street Journal'' reported that Ant's flagship Tianhong Yu'e Bao money-market fund was the largest in the world, with over 588 million users, or more than a third of China's population, contributing cash to it. In October 2020, Ant Group was set to raise US$34.5 billion in the world's largest IPO at the time, valuing the company at US$313 billion. On the eve of the IPO, China stopped the process from moving forward. It was reported that the Chinese Communist Party leader Xi Jinping personally scuttled the Ant IPO. On 12 April 2021, ''The Wall St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
