Paytm to merge its digital wallet business with payments bank

Paytm has announced that it is merging its digital wallet business to the newly-incorporated Paytm Payments Bank Limited (PPBL) after receipt of necessary RBI approvals. Paytm, which is run by One 97 Communications, has two key businesses–payments business and commerce marketplace. The company had incorporated a new company called Paytm E-commerce Pvt Ltd for its marketplace business … Continue reading "Paytm to merge its digital wallet business with payments bank"

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