Paytm on Thursday termed "factually incorrect ... It again reiterated that the article's claims about invoking loan guarantees due to repayment defaults by the partnered lenders are "inaccurate".
Not only was Paytm impacted because of merchant attrition, but it also had to migrate the auto-repayment or NACH mandates for merchants who were repaying loans through Paytm Payments Bank account.
Leading fintech companies such as Paytm, Cred, MoneyTap among ... to ensure that you miss no development. Fintech loans generally have limited repayment terms, starting from a few months in ...
"For the loans where we do distribution as ... based on collection efficiency, higher repayment netted better commissions for Paytm. The company had independent partnerships with each of the ...
Just when Paytm seemed to be on track to hit profitability, there’s another speed bump. And this time around, Paytm doesn’t just have to slow down but also swerve to avoid a crash. This week ...
BENGALURU (Reuters) -India's Paytm plunged as much as 20% on Thursday, its steepest decline since listing two years ago, as the digital payments firm plans to give out fewer low-value personal ...