Latest news with #One97CommunicationsLimited
Time of India
11-07-2025
- Business
- Time of India
Here's why Paytm's five latest product innovations make it the most trusted UPI app
Academy Empower your mind, elevate your skills Paytm (One97 Communications Limited) pioneered mobile payments in India, introducing transformative technologies such as QR codes and Soundbox, which fundamentally changed how millions transact digitally. As a technology-first and most trusted UPI payments platform, Paytm continues to lead the way in innovation, building real-world solutions that enhance daily payment experiences. The company's five latest product innovations reaffirm its position as the best UPI app in India, combining ease of use, top-tier security, and feature-rich design to address the evolving needs of consumers and merchants alike. With a relentless focus on product excellence over pure marketing, Paytm has become the go-to app for secure, fast, and trusted UPI is the only UPI app to introduce the following innovations that simplify payments for freelancers, shopkeepers, students, businesses and households alike:This industry-first privacy feature empowers users to hide or unhide specific UPI transactions from their payments history, giving them greater control over sensitive payments like gifts, personal expenses, or confidential transfers. Hidden payments are removed from 'Balance & History' and moved to a secure 'View Hidden Payments' section, accessible only through user authentication. This keeps records intact without compromising enables downloading UPI transaction statements in PDF and Excel formats, making it easier to track expenses, manage budgets, and maintain financial records. This convenient feature supports personal and business needs by providing clear, downloadable reports for accounting and tax allows creating personalised UPI IDs, enabling secure payments with handles like name@ptyes or name@ptaxis, eliminating the need to share mobile numbers. This enhances privacy while providing a unique and convenient way to transact provides the ability to check the balance of a UPI-linked bank account, as well as view the total balance across all bank accounts linked via UPI handles created on the platform. This offers a consolidated and convenient way to monitor funds without switching between multiple banking introduces the 'Receive Money' QR widget, allowing cab drivers, delivery agents, and freelancers to place their Paytm QR code directly on the smartphone home screen. It enables quick and easy payment collection without opening the app, making transactions faster and more the platform has introduced Auto Top-Up on Paytm UPI Lite, which automatically replenishes the balance from the linked bank account when it runs low. This ensures uninterrupted payments for small, everyday transactions, offering a convenient and seamless cashless experience while keeping bank statements clean and the streamlined, clutter-free interface of Paytm UPI Lite and the ability to use RuPay credit cards on UPI, to the convenience of self-transfer for seamless transactions between multiple bank accounts, Paytm offers a secure, fast, and feature-rich UPI payments cutting-edge innovations reinforce Paytm's position as India's best and most trusted UPI app, committed to making digital payments smarter, safer, and more accessible for everyone. Paytm continues to lead India's transition to a secure and inclusive digital economy.
India Today
07-07-2025
- Business
- India Today
Paytm's five newest product innovations are making it the most trusted and best UPI app
Paytm (One97 Communications Limited) has pioneered mobile payments in India, introducing transformative technologies like QR codes and Soundbox that have fundamentally changed how millions transact digitally. As a technology-first and most trusted UPI payments platform, Paytm continues to lead the way in innovation, building real-world solutions that enhance daily payment experiences. The company's five latest product innovations reaffirm its position as the best UPI app in India, combining ease of use, top-tier security, and feature-rich design to address the evolving needs of consumers and merchants alike. advertisementWith a relentless focus on product excellence over pure marketing, Paytm has become the go-to app for secure, fast, and trusted UPI is the only UPI app to introduce the following innovations that simplify payments for freelancers, shopkeepers, students, businesses and households alike:Hide & Unhide Transactions from Payment HistoryThis industry-first privacy feature empowers users to hide or unhide specific UPI transactions from their payment history, giving them greater control over sensitive payments like gifts, personal expenses, or confidential transfers. Hidden payments are removed from 'Balance & History' and moved to a secure 'View Hidden Payments' section, accessible only through user authentication. This keeps records intact without compromising UPI Statement in PDF and Excel Format Paytm enables downloading UPI transaction statements in PDF and Excel formats, making it easier to track expenses, manage budgets, accounting and maintain financial records. This convenient feature supports personal and business needs by providing clear, downloadable reports for accounting and tax UPI ID to Keep Mobile Numbers PrivatePaytm allows creating personalised UPI IDs, enabling secure payments with handles like name@ptyes or name@ptaxis, eliminating the need to share mobile numbers. This enhances privacy while providing a unique and convenient way to transact Balance Across UPI-Linked Bank AccountsPaytm provides the ability to check the balance of a UPI-linked bank account, as well as view the total balance across all bank accounts linked via UPI handles created on the platform. This offers a consolidated and convenient way to monitor funds without switching between multiple banking apps.'Receive Money' QR Widget on the Smartphone Home ScreenPaytm introduces the 'Receive Money' QR Widget, allowing cab drivers, delivery agents, and freelancers to place their Paytm QR code directly on the smartphone home screen. It enables quick and easy payment collection without opening the app, making transactions faster and more the platform has introduced Auto Top-Up on Paytm UPI Lite, which automatically replenishes the balance from the linked bank account when it runs low. This ensures uninterrupted payments for small, everyday transactions, offering a convenient and seamless cashless experience while keeping bank statements clean and the streamlined, clutter-free interface of Paytm UPI Lite, and the flexibility of using RuPay Credit Cards on UPI, to the convenience of Self-Transfer for seamless money movement between multiple bank accounts, Paytm offers a secure, fast, and feature-rich UPI payments experience. Paytm is the only UPI app offering these cutting-edge innovations reinforce Paytm's position as India's best and most trusted UPI app, committed to making digital payments smarter, safer, and more accessible for everyone. Paytm continues to lead India's transition to a secure and inclusive digital economy.- EndsMust Watch
Indian Express
25-06-2025
- Business
- Indian Express
Paytm introduces Total Balance Check feature for UPI-linked bank accounts: Here's how to use it
Popular payments and financial services platform Paytm, on Wednesday, June 25, introduced a new Total Balance Check feature for UPI-Linked Bank Accounts. The latest feature allows the user to check both their individual and total bank balances for accounts linked on Paytm via UPI at one place While users had to previously check each account's balance and add up the total manually, this addition by Paytm now gives the user their cumulative balance upfront, in real time. The feature is particularly useful for those who maintain multiple accounts for savings, spending, or salary credit. The feature is secured with UPI PIN verification, ensuring enhanced security. This is a notable addition for people who have multiple accounts linked for UPI on the app. 📌On the Paytm app, open the 'Balance and History' section. 📌Link the UPI-enabled bank accounts to the app, if not done already. 📌Then, the user can check each account's balance by entering their UPI pin. 📌At the top of the screen, Paytm will now display the user's total balance in all linked accounts. 'With Total Balance View, users who have linked multiple bank accounts for UPI on the Paytm app can effortlessly check both total and individual bank balances. This makes it easier to track expenses, plan spends, manage savings, and make informed financial decisions,' said a Paytm spokesperson. Along with this, Paytm has also introduced landmark features such as the option to hide specific payments, ensuring additional privacy for the user. The company has also added a home screen widget to receive money quickly, making each user's UPI IDs customisable. They can now hide mobile numbers and even download UPI statements in Excel or PDF formats. Paytm is also supporting UPI transactions for Indians in select foreign countries, such as UAE, Singapore, France, Mauritius, Bhutan, Sri Lanka, and Nepal. Founded in 2010, Paytm (operated by One97 Communications Limited) has gone on to become the leading company for payments and financial services distribution in India. It is also considered the pioneer of mobile payments and QR codes. (This article has been curated by Purv Ashar, who is an intern with The Indian Express)
Hans India
06-05-2025
- Business
- Hans India
Paytm Q4 revenue falls 15.7 pc, net loss widens to Rs 544.6 crore QoQ
Mumbai: One97 Communications Limited, the parent company of Paytm, on Tuesday reported a 15.7 per cent drop in revenue to Rs 1,911.5 crore for the January-March 2025 period (Q4 FY25), compared to Rs 2,267.1 crore in the same quarter of the last fiscal (Q4 FY24). The weaker revenue performance comes despite an increase in other income, which rose by nearly Rs 100 crore to Rs 223.8 crore, as per the company's stock exchange filing. However, that wasn't enough to offset broader pressures, and the company reported a net loss of Rs 544.6 crore for the quarter. This is only slightly lower than the Rs 550.5 crore loss in the same period last fiscal, according to its stock exchange filings. Paytm's earnings before interest, taxes, depreciation, and amortisation (EBITDA) before employee stock option (ESOP) expenses stood at Rs 81 crore. But ESOP costs remained high at Rs 169 crore. The company said it expects these expenses to come down going forward. In a notable move last month, Paytm CEO Vijay Shekhar Sharma gave up 21 million ESOPs, triggering a one-time non-cash expense of Rs 492 crore. Meanwhile, the company said revenue from UPI incentives had fallen this year -- reflecting reduced government payouts. Paytm added that the payments industry is hopeful of regulatory clarity soon on allowing merchant discount rates (MDR) for large UPI transactions, which could help improve margins. In the fourth quarter of FY25, Paytm generated Rs 1,098 crore in revenue from its Payment Services segment, which includes other operating income. With India's vast MSME sector presenting major growth potential, the merchant base for mobile payments is estimated at over 10 crore, with nearly half expected to need software or hardware support. The Financial Services segment remained a key growth driver, posting a 9 per cent quarter-on-quarter (QoQ) rise in revenue to Rs 545 crore. During the quarter, Paytm disbursed Rs 4,315 crore in merchant loans, with more than half going to repeat customers -- indicating strong credit quality and customer loyalty. Ahead of the earnings announcement, shares of Paytm's parent fell 5.72 per cent on the National Stock Exchange (NSE).
Business Upturn
06-05-2025
- Business
- Business Upturn
Explained: Paytm's Q4 FY25 loss is due to this exceptional item and has actually narrowed substantially
By News Desk Published on May 6, 2025, 17:16 IST Paytm parent One 97 Communications Limited reported a net loss of ₹539.8 crore for Q4 FY25, which at first glance appears significantly wider than the ₹208.3 crore loss in the previous quarter. However, a closer look reveals that this headline figure is heavily influenced by exceptional, one-time charges—most notably an accelerated ESOP expense of ₹492 crore recorded during the quarter. Excluding these exceptional items and UPI incentives, the company's performance reflects a much healthier trend. On a comparable basis, Paytm's profit after tax (PAT) improved by ₹115 crore quarter-on-quarter, narrowing the adjusted loss to ₹93 crore in Q4 FY25 from ₹208 crore in Q3 FY25. The company stated that EBITDA before ESOP and including UPI incentives stood at ₹81 crore in Q4 FY25, while excluding UPI incentives, it was ₹88 crore—showing a ₹65 crore sequential improvement. Paytm attributed this positive movement to stronger operating leverage, lower depreciation and amortisation expenses due to reduced capex, and increased other income from higher cash reserves. The ₹492 crore exceptional charge stems from the CEO's voluntary decision to forgo ESOPs, which has been accounted for in compliance with Ind-AS 102. As a result, Paytm recorded this as a non-cash expense and also transferred ₹4,092 crore from its ESOP reserve back into retained earnings, boosting its free reserves. The company also incurred an additional ₹30 crore impairment on investments in certain associates or subsidiaries, taking the total exceptional items to ₹522 crore for the quarter. Despite the headline net loss figure, Paytm's internal financial bridge shows continued improvement in core profitability, setting a stronger base for FY26, especially with ESOP-related expenses expected to reduce significantly in upcoming quarters. News desk at
