Paytm (One 97 Communications) has launched the Made-in-India Paytm MahaKumbh Soundbox to empower merchant partners with instant payment alerts on a digital screen and real-time transaction tracking. The latest addition to Paytm`s expanding Soundbox range, this 4G-enabled device helps businesses track payments effortlessly, improve transaction visibility, and enhance operational efficiency. The MahaKumbh Soundbox represents the power of Indian unification�just as the rare pilgrim festival brings millions together, this device seamlessly integrates multiple features into one, enabling effortless transactions for merchants.Equipped with diverse capabilities, the new Paytm MahaKumbh Soundbox comes with a built-in digital screen that provides a clear view of payments, including real-time transaction updates, total collections, and device status. Merchants can now see transactions instantly while also receiving audio alerts, ensuring quick verification even during peak hours when multiple payments are being made. It features Paytm pioneered QR code, allowing customers to scan and pay via all UPI apps and RuPay Credit Card payments through UPI. With a powerful 3-watt speaker, the device delivers clear voice confirmations, enabling merchants to instantly verify payments and reduce errors. Supporting 11 languages, it ensures merchants receive updates in their preferred language. Additionally, its long-lasting 10-day battery and durable, splash-resistant, and temperature-resistant design make it a reliable solution for businesses across retail stores, restaurants, and local markets.Powered by Capital Market - Live News

Paytm (One 97 Communications) has partnered with the Greater Hyderabad Municipal Corporation (GHMC) to simplify property tax collection by deploying more than 400 Paytm innovative All-In-One EDC Devices (Card Machines).The Paytm Card Machines deployed at multiple collection centers and for door-to-door collection, allows citizens to pay their property tax through credit cards, debit cards, and Paytm pioneered QR codes eliminating the need for cash, cheques, or demand drafts. The card machines are integrated with the GHMC app, enabling officials to check pending dues, collect payments instantly, and generate an on-the-spot confirmation slip.With Paytm`s seamless payment solution, GHMC has streamlined collections, ensuring faster and more reliable transactions. On an average, GHMC collects Rs 5-7 crore in property tax every month, with collections surging to Rs 22 crore during mid-year and fiscal year-end periods.Powered by Capital Market - Live News

Paytm Money, a wholly owned subsidiary of One 97 Communications, has been granted a Certificate of Registration as a Research Analyst by the Securities and Exchange Board of India (SEBI) under the SEBI (Research Analysts) Regulations, 2014. The registration number for Paytm Money as a Research Analyst is INH000020086. With this registration, Paytm Money can offer SEBI-compliant research services, including investment insights, research reports, and data-driven analysis. This milestone aligns with Paytm Money`s objective to expand its offerings in the investment ecosystem, enhance user experience, and provide expert-backed insights to both retail and institutional investors. These services will soon be integrated into the Paytm Money app as part of a research and advisory offering, empowering investors to make well-informed financial decisions.Powered by Capital Market - Live News

One 97 Communications has approved the grant of 109,995 stock options to the eligible employees under One 97 Employees Stock Option Scheme 2019 (ESOP 2019). Powered by Capital Market - Live News

Paytm announced that Paytm UPI now supports UPI Trading Blocks (also known as Single Block Multiple Debits), a feature designed to simplify broking experience for stock traders. With this, Paytm UPI users can now set up automatic payment deductions directly from their bank account for trades, without having to transfer large sums to their trading accounts on brokerage apps. This will enable them to continue to earn interest, until they make their actual trades, since funds remain in their bank account.Paytm`s UPI Trading Blocks, built on NPCI`s infrastructure and leveraging UPI, deducts the amount only when a trade is made, and this happens automatically without the need for a UPI PIN. Providing full transparency, it ensures funds remain in the investor`s bank account while offering an easy option to manage and conveniently pay for trades. Once the trade is completed, users can manage and track their funds on the Paytm app. Currently supported for UPI handles of Axis Bank (@ptaxis) and Yes Bank (@ptyes), this feature will soon be available for other UPI handles of State Bank of India (@ptsbi) and HDFC Bank (@pthdfc), ensuring seamless and secure UPI payments.Powered by Capital Market - Live News