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Its marketing services sector, which includes movie and event tickets, credit card marketing, etc, generated revenues of 17.4 billion rupees.
Users can add tickets to Samsung Wallet via the "Add to Samsung Wallet" feature, providing seamless access to various venues.
According to the ToI story, on Tuesday, Paytm CEO and founder Vijay Shekhar Sharma went to Adani's Ahmedabad office to "finalise the contours of a deal."
Paytm ended the fiscal year of FY24 with revenue up 25% to ₹9,978 Crore, while losses decreased to ₹1,442 Crore, a 19% decrease from FY23.
This move comes after receiving approval from the National Payment Corporation of India (NPCI), indicating a strategic shift in Paytm's operational framework.
Paytm's transaction value market share has also witnessed a decline, now resting at 6.7%, marking its lowest point in recent years.
Yes Bank is tasked with migrating existing @paytm handles. Other banks will gradually take over these handles.
According to the NPCI, Paytm will function as a TPAP in a multi-bank framework.
The NPCI, which handles UPI payments, is working with all banks to speed up the TPAP procedure by March 15.
This comes as the Reserve Bank of India (RBI) has criticised Paytm's payment banks for breaches in due diligence.
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