You can continue to use #PaytmSeUPI without worries,” it tweeted. “We quickly resolved the error that briefly affected some users today. Later, Paytm posted on its Twitter handle that the issue was resolved. We will update you as soon as it is resolved." We are already working on fixing the issue at the earliest. Here's what Riyank Arora, Technical Analyst at Mehta Equities, recommends investors should do with these stocks when the market resumes trading today. Later, Paytm tweeted,"Due to a network error across Paytm, a few of you might be facing an issue in logging into the Paytm Money App/website. Stocks that were in focus included names like Paytm, which fell 1.08, Varun Beverages, which rose 6.62, and Astral, whose shares declined 2.19 on Wednesday. It is available on all platforms including Android, Apple's iOS and Windows Phone. Paytm allows customers pay for services including prepaid and postpaid mobile services, direct to home recharge, money transfers etc. Technical snags were reported from Delhi, Mumbai, Ahmedabad, Chennai, Bengaluru and several other cities. It recouped some losses to trade down at 1,392.25 rupees, compared to the offer price of 2,150 rupees. The above change shall be effective from trade date September 4, 2023, Monday, and accordingly, all existing contracts with Thursday expiry will be revised to Wednesday on SeptemEOD. Early on Wednesday, the stock fell as much as 13.4 to its lowest since debut. On the other hand, 29 per cent users said they were facing other issues related to the app. The key takeaways for traders from the circular include: Bank Nifty Weekly Index Options Expiry Day has been moved from Thursday to Wednesday. At least 66 per cent users complained they were unable to make payments. DownDetector reported several complaints by users who said they were unable to login to the app and make payments.ĭownDetector received 611 reports by the users till 10 am. “I was surprised by the opportunity of monetization in 2020 during the pandemic, not just by our wealth accounts but also by lending.”Ĭhina’s Ant Financial has a 30% stake in Paytm, although rumours abound that the Chinese giant is about to cash in its holdings due to rising political tensions between the two countries.Online payment and digital wallet app Paytm is reportedly not working for many users. Paytm Payments Bank Limited (PPBL) on Wednesday went live with its UPI LITE, a feature enabled by National Payments Corporation of India for multiple small-value UPI transactions. “We could very well break even this year, we will start making money,” he told the conference. Speaking at a Reuters conference Wednesday, Paytm CEO Vijay Shekar Sharma said the firm was on the cusp of turning its first profit. Paytm was last valued at $16 billion during a 2019 funding round, but its price is likely to have risen substantially in a market where regulatory pressure for a move away from cash and the Covid-19 pandemic have combined to create a perfet storm for digital payments. UBS is negotiating the purchase of Paytm stock from a group of the Indian fintech company’s employees, the people said. You can explore the show timings online for the movies in Bengaluru theatre near you and grab your movie tickets in a matter of few clicks. Paytm and book your tickets within minutes on Paytm. Maximum available discount is Rs.5,000 per user per month To. PaytmCatch all the new movies and upcoming movies at. International Flights: Minimum transaction value is Rs.10,000. A fund run by UBS’s asset management arm is in discussions to buy a stake in Paytm alongside some of the Swiss bank’s clients, according to people close to the talks. Catch The Latest Action Book Movie Tickets Online at. UBS is in talks to invest $400 million in Indian digital payments startup Paytm, according to Bloomberg.
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