Entreprenuernewsnetwork

Paytm Payments Bank and MoneyGram partner to offer international remittance directly to Paytm Wallet

December 23, 2021 by Entreprenuernewsnetwork

India’s homegrown Paytm Payments Bank and MoneyGram International, Inc. (NASDAQ: MGI), the global leader in the evolution of digital P2P payments, today announced a partnership to enable MoneyGram customers globally to send money in real-time to a Paytm Wallet user in India. This is an important milestone in the digitization of the Global Receive Network. With this … Read more

Paytm Payments Bank Gets RBI’s Approval For Scheduled Bank Status

December 10, 2021 by Entreprenuernewsnetwork

The Reserve Bank of India (RBI) has approved Paytm Payments Bank to operate as a scheduled payments bank, the company announced on Thursday, allowing it to extend its financial services operations. Paytm Payments, as a scheduled payments bank, can participate in government and company RFPs, main auctions, fixed-rate and variable-rate repos, and reverse repos, as … Read more