This makes it more likely that the RBI action was done to force a sale. Not the first time regulatory agencies have been abused this way.

Data Consultant

it’s not like they’ll come out saying yes we’re looking to sell - none of these comments will ever generate a response from a company

Software Engineer

But he'll agree to selling yo JioFin [mota bhai 😂]

Growth Manager

Product Manager

Welcome to Indian Startups's Private Community

Paytm not available for sale!

Senior Consultant

Paytm not available for sale!- Grapevine

PAYTM Payments Bank essentially asked to shut shop. 

Afaik here are the few implications
1. Stock market will react in a bad way to them
2. Worst affected are going to be FasTag users who bought from PayTM.
3. No deposits / credits allowed in any account. Withdrawal is allowed. 
4. UPI not allowed after Feb

Paytm gets a shock from RBI

That stock is about to crash so fucking hard. Thank god i got out. The crappiest IPO of this decade.

Paytm pain

Consultant

As expected paytm stock got stuck on lower circuit (maximum downward move allowed in a day). Insanely large selling volumes with zero buy orders.

Paytm stock stuck on lower circuit

Program Manager

Welcome to Personal Finance's Private Community

QR, those radios which can't play Arijit or Eminem and Fast tag was major revenue maker of Paytm.

Now see, how phonepe targetting that segment that too without a monthly subscription.

Ohh, yes.

It's a 1 time fee and that can be masterstroke for another decacorn PhonePe. ( ~13B )

Vss was caught sleeping on weekends.

PhonePe doing Moment Marketing amidst Paytm 🩸

Welcome to Fintech India's Private Community

I can't join any of these 11 companies anymore:

PhonePe 
GooglePay 
RazorPay 
PineLabs 
Cashfree Payments 
AmazonPay 
WhatsApp Pay 
Zerodha 
Groww 
Park+ 
NPCI

What should I do next? I think my career has reached a dead end.

PayTM and it's anti-compete is making me suffer🚨

Non compete is not enforceable in India. You should talk to a lawyer friend and understand specifics of your contract. The article below is an interesting read 
  
 https://www.linkedin.com/pulse/enforceability-non-compete-clause-under-employment-contracts-ali?utm_source=share&utm_medium=member_android&utm_campaign=share_via

Business Analyst

Software Developer

Law of karma , vss learnt this really fast.

Thanks to Shakti of RBI.

No More Layoffs at Paytm

Welcome to News Discussion's Private Community

Paytm Bank to wrap up all operations by mid March!

Just went through RBI's note and developments as per major news houses, so Paytm would no longer be an app which used to be in almost every indian's phone march onwards. such a downfall of a firm who enjoyed their best time post covid.

Bhyi anyone knows how can i withdraw/utilise my food wallet from Paytm. Got 1.5k bucks there, don't wanna give a penny to Vijay.. any ideas?

On a serious note, i'm gonna miss paytm. it was an great app, atleast their wallet was the best ever, better than upi since the txn can't be unsuccessful. also they brought one of a kind revolution in e payments. 
RIP Paytm🫡

Death of paytm

Vss is pumped up, will this be another #maggi moment? ( Nestle regained the trust and market share through sensible marketing)

Paytm hits Upper Circuit 📈

PayTM kyc bug led to this?

Lawyer

Welcome to Software Engineers's Private Community

(maybe a clickbait to few people) No I don't work at Amazon I am just 1st year student but I don't know is it me or anyone else also feels this that the UI/ux basically the whole fucking frontend of Amazon is so glitchy and filthy whenever I search something the loading line appears on top like 2000s it feels like using an app made by 3rd year student for project. The design is soo poor never feels like premium app always feels like an app made for illeterates.Now let me tell you what happened there is one offer on dmrc(delhi metro card) that if I pay with Amazon pay I will get cashback even though I never use Amazon pay(gpay rocks) I used it today and after paying their fucking site was loading for more than 2 mins and was showing don't press back button but I pressed back and it showed transaction pending not able to connect to our servers(fucking one of the biggest companies of the world) at same moment I tried recharging using gpay it just took seconds and people will say maybe some traffic issue or server down and all but I tried this in evening also on different card then also failed. Gpay>>phonepe>>Airtel money==Paytm>>>>>>>>>>>amazonpay.

Amazonpay sucks(rant)

Got to know today that Paytm is planning to shut down a couple of products. Accompanied by 30-40% layoffs accros teams and verticals and reducing the tech force to less than half, it feels like Vijay is done with the payment business. There is no clarity on the PA license either and VP level folks are being asked to put in papers.

Paytm on maintenance

Product Owner

This sh*t app  deducted money from my account , I have recieved money from my father and they deducted more than 200-300 rupees from what I have received,  my message is showing that I have received full money what he sent , this is happening for the second time within a month , and second thing is that my transaction history doesn't show what money i have recieved in green as it used to know . Once my friend send some thousand bucks and they deducted some hundreds of rupees , i thought of it as some technical glitch but now it's happening for the second time , if there is any Paytm employee reading this then please tell me what's this any hw can I get my money back

Paytm is totally s**t

As title says , there are so many narratives going around 

Could you give some insight how the management is working upon it

Paytm not available for sale!

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