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Tuesday, May 14, 2024
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Paytm LIVE News: Forward of March 15 RBI deadline, all eyes on NPCI nod – Banking & Finance News

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14:47 (IST) 14 Mar 2024

Paytm FASTag: How to deactivate your Paytm FASTag?

1. Log in to FASTag Paytm interface with consumer ID and password.

2. Verify with registered cellphone quantity and FASTag quantity.

3. Navigate to Service Request or Paytm app’s help.

4. Clearly state intention to deactivate FASTag.

5. Follow supplied tips; present extra knowledge if wanted.

6. Initiate service request and be aware criticism/reference quantity.

7. Follow up if no deactivation affirmation acquired.

8. Choose ‘Closure Request’ to deactivate both RFID tag or linked pockets.

14:24 (IST) 14 Mar 2024

Paytm FASTag: How to port your FASTag?

1. Contact the brand new financial institution’s customer support.

2. Follow their directions, which can embody:

– Completing an software.

– Submitting required paperwork.

– Paying a porting payment.

3. Await affirmation from the brand new financial institution as soon as your porting request is authorised.

4. Start utilizing your FASTag with the brand new checking account.

13:50 (IST) 14 Mar 2024

Paytm News Today: RBI’s goal on peer-to-peer bank card funds

Following the crackdown on Paytm and Visa, the Reserve Bank of India shifted its focus to peer-to-peer bank card funds. The central financial institution intensified scrutiny on third-party service suppliers, notably fintechs facilitating such transactions. Previously, people have been restricted from making hire funds to landlords and not using a service provider cost account. However, P2P platforms enabled bank card funds, permitting retail clients to pay rents and tuition charges by third-party apps.

12:47 (IST) 14 Mar 2024

Paytm FASTag: Paytm faraway from FASTag issuer checklist

Paytm was faraway from the checklist of FASTag issuers on Wednesday, March 13, after NHAI launched a revised checklist of banks.

12:38 (IST) 14 Mar 2024

Paytm LIVE News: Vijay Shekhar Sharma resigned as Non-executive chairman

Vijay Shekhar Sharma resigned because the part-time non-executive chairman and board member of Paytm Payments Bank on February 26, 2024.

12:09 (IST) 14 Mar 2024

Paytm Share Drop Today: Paytm shares slide practically 5% forward of deadline

Paytm‘s parent company, One97 Communication, dropped 4.8% to Rs 334.25 on the National Stock Exchange on March 14, ahead of Paytm Payments Bank’s imminent closure, marking a 3rd consecutive day of practically 5% intra-day declines. (READ MORE)

11:46 (IST) 14 Mar 2024

Paytm FASTag LIVE: Check Paytm FASTag standing

To confirm an energetic tag, navigate to the “Manage Tags” part inside your FASTag sub-wallet. Here’s how one can test your FASTag steadiness on-line through an internet site:

Step 1: Go to the designated web site of your car’s FASTag issuer.

Step 2: Sign in to your FASTag account and find the choice to evaluation your account steadiness.

Step 3: Access your FASTag account assertion to evaluation previous transactions and funds

10:50 (IST) 14 Mar 2024

Paytm Crisis LIVE: Paytm shares drops to 2.78 per cent

One97 Communication’s shares, proprietor of the Paytm model, dropped 2.78% to 341.20 per share on NSE. This decline occurred regardless of experiences of SBI becoming a member of fingers with One97 for UPI funds, making it the fourth financial institution after Axis Bank, Yes Bank, and HDFC Bank for such partnerships.

10:08 (IST) 14 Mar 2024

Paytm Crisis LIVE: Paytm guardian firm One 97 Communications to scale back workforce

The guardian firm of Paytm, One 97, is poised to downsize its workforce throughout varied departments as a part of its annual efficiency analysis, in accordance with sources cited by Moneycontrol. This choice comes amidst heightened scrutiny from the Reserve Bank of India (RBI) concerning the cost banks operated by the fintech unicorn, as a consequence of recognized lapses in due diligence.

09:36 (IST) 14 Mar 2024

Paytm Crisis LIVE: Paytm Paytments Bank was fined Rs 5.49 crore

Earlier this month, Paytm Payments Bank was fined Rs 5.49 crore for breaching obligations below the Prevention of Money Laundering Act.

09:34 (IST) 14 Mar 2024

Paytm Crisis LIVE: Paytm Paytments Bank was fined Rs 5.49 crore

Earlier this month, Paytm Payments Bank was fined Rs 5.49 crore for breaching obligations below the Prevention of Money Laundering Act.

08:55 (IST) 14 Mar 2024

Paytm Crisis LIVE: Paytm Payments Bank faraway from FASTag issuer checklist

NHAI up to date the FASTag issuer checklist which excluded Paytm Payments Bank. Following the RBI‘s directive, Paytm Payments Bank was ordered to close down as a consequence of regulatory non-compliance and supervisory points, resulting in its elimination from the licensed checklist.

08:24 (IST) 14 Mar 2024

Paytm Crisis LIVE: Paytm closed at ₹370.4 on final buying and selling day

On the ultimate buying and selling day, Paytm‘s BSE buying and selling quantity stood at 411,306 shares, accompanied by a closing worth of ₹370.4.

08:08 (IST) 14 Mar 2024

Paytm Crisis LIVE: Paytm FASTag customers requested to acquire new one from one other financial institution by March 15

NHAI urges Paytm FASTag customers to change to a different financial institution’s FASTag earlier than March 15 for seamless toll plaza experiences. Paytm FASTag customers gained’t have the ability to recharge post-March 15 as a consequence of RBI restrictions on Paytm Payments Bank.

07:57 (IST) 14 Mar 2024

Paytm Crisis LIVE: Will there be a third-party software supplier?

According to a Reuters report, the National Payments Corporation of India (NPCI) is prone to grant a third-party software supplier (TPAP) license to Paytm by March 15.

07:44 (IST) 14 Mar 2024

Paytm Crisis LIVE: What’s occurring to Paytm Payments Bank?

Good morning and welcome to our stay weblog on the disaster at Paytm Payments Bank. The RBI deadline will finish tomorrow. Users are being informed repeatedly to switch their fastags and funds to different wallets and banks. So, will PPB stop to exist after March 15? What occurs to UPI funds through Paytm app? Know all of the solutions, FAQs and key bulletins right here.

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