wordpress blog stats
Connect with us

Hi, what are you looking for?

Paytm Launches Payment Gateway

Paytm*, the online recharge company incubated by One97 Communications, is now offering its own payment gateway solution: Paytm Payments (Hat-tip - Pravin @beingpractical). Speaking with MediaNama, Harinder Takhar, CEO of the the company, said that they began offering payment gateway solutions to clients around 10 months ago, but have only just gone public with it after testing the waters with select clients. Note that when we had asked Takhar about such plans when he joined Paytm in January (six months ago), he had said that a payment gateway was not something that the company was working on at that time, but hadn't ruled it out. Paytm Payments already powers payments on Paytm, and claims to have more than 60 clients including Snapdeal, HomeShop18, SandsInfo and DishTV. The company offers a customized payment platform, which supports all platforms including websites, IVR/voice, WAP/mobile web, mobile payment apps (on tablets, Android, Blackberry, iPhone), and through SMS, and offers Thin-clients, Software-development kits, developer API and secure checkout solution for all major shopping carts. How is it different from other gateways? We're not so sure. Takhar informs that the Paytm has been selective about its clients and has essentially focused on deployments that integrate mobile payments, since it's part of the company's philosophy. Unlike other gateways it will offer customised solutions to meet the product's needs, to support seamless mobile transactions incorporating 3D secure and OTPs. At the moment, the Paytm Payments does not offer a DIY deployment, but it's on the company's radar, he informs. For that, they'll also probably need…

Please subscribe/login to read the full story.
Written By

Free Reads

News

According to RazorPay, UPI Switch is able to solve a lot of the currently faced by currently existing UPI infrastructure, as well as added...

News

The declaration pointed out that end-to-end encryption will jeopardise the ability of tech companies to provide “lawful access” to data of suspected criminals on...

News

TCA's order stated that Meta combines the data of users who create Threads profiles based on their Instagram accounts without providing users with a...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ