DancingDonut
DancingDonut

Paytm QR code

Can someone please explain if Paytm QR code won't work anymore from March? So they have to go and physically replace them or can it happen at the backend? I remember Phonepe was able to do it in one day, but that was after NPCI allowed them. Will they do it with Paytm as well? Otherwise how will they do it for so many merchants in one month?

10mo ago
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ZippyPotato
ZippyPotato
TCS10mo

They announced that they were partnering with some other banks. I hope they work fine as usual.

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Indian Startups
by SillyJellybeanStealth

Paytm UPI POS disappearing fast

Noticed a bunch of merchants and sellers offline shift to HDFC or phonepe qr machines entirely. Some have added them as backups but very few.

Seems like most users prefer one UPI payment gateway/app or the other but don't usually keep b...

Indian Startups
by SleepyMarshmallowZomato

Paytm gets a shock from RBI

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...
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user

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