Paytm Travel

No change in strategy: Paytm denies reports of opting out of licences

Payment gateway and digital wallet service provider Paytm has decided to not re-apply for an NBFC licence and stop experiments in Payment Aggregator Cross-Border (PA-CB)

Paytm eyes expansion in travel, ties up with Skyscanner & Google Flights

The firm recorded a 19 per cent year-on-year increase in flight bookings on the platform in Q4FY24

Fintech firm Paytm sees 19% growth in flight bookings in Jan-Mar quarter

Fintech firm One97 Communications claims to have registered on-year growth of 19 per cent growth in flight bookings in the January-march quarter of this year, the company said in a regulatory filing on Monday. The travel ticket business of Paytm falls within its marketing services vertical, which grew by 1 per cent in revenue terms to Rs 395 crore on a year-on-year basis in the March 2024 quarter. "In the fourth quarter of financial year 2024, Paytm maintained its upward trajectory in market share among OTAs (online travel aggregators), with flight bookings showing a notable year-on-year increase of around 19 per cent, surpassing the industry's growth rate of around 3 per cent," the filing said. Paytm's marketing services business primarily includes ticketing (travel, movie, events etc.), advertising, credit card marketing, and deals and gift vouchers. The company had posted 28 per cent growth in GMV (gross merchandise value) for ticketing, deals and gift vouchers etc. to Rs 2,804

Paytm shares fall 7% from day's high after over 15 mn shares change hands

Paytm news: Neeraj Arora has quit the board of One97 Communications citing pre-occupation and personal commitments

Paytm partners with travel tech firm Amadeus for search, flight deals

Fintech firm's users will get access to information on low-cost carriers, hotels

PhonePe expands into financial services, launches int'l travel insurance

PhonePe, which competes with Alibaba-backed Paytm, Amazon Pay and Google Pay, claimed it is India's first digital payment platform to launch international travel insurance.

Paytm pumps in over Rs 10 cr in bus ticketing software provider Infinity

Paytm entered the online bus ticketing space in 2015 and currently offers bus tickets across more than 62,000 routes

Paytm Travel eyes top spot in online bus, flight ticket bookings

Paytm Travel claims to have a base of around 13 million customers, a threefold increase over the user base in FY17