Paytm
Working at Paytm
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About Paytm
Paytm is India's largest leading payment gateway that offers comprehensive payment services for customer and merchants. We offer mobile payment solutions to over 7 million merchants and allow consumers to make seamless mobile payments from Cards, Bank Accounts and Digital Credit among others. We pioneered and are the leader of QR based mobile payments in India. With the launch of Paytm Payments Bank, we aim to bring banking and financial services to half-a-billion un-served and under-served Indians. Our investors include Softbank, SAIF Partners, Alibaba Group and Ant Financial. We strive to maintain an open culture where everyone is a hands-on contributor and feels comfortable sharing ideas and opinions. Our team spends hours, designing each new feature and obsesses about the smallest of details.
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Compare Paytm with Similar Companies
Change Company | Change Company | Change Company | ||
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Overall Rating | 3.3/5 based on 7.2k reviews | 4.0/5 based on 327 reviews | 4.0/5 based on 398 reviews | 4.0/5 based on 2.2k reviews |
Highly Rated for | No highly rated category | Work-life balance Job security Company culture | Work-life balance Salary Job security | Salary Skill development Company culture |
Critically Rated for | Job security Promotions Company culture | Promotions | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 45% employees reported | Hybrid 40% employees reported | Work from office 86% employees reported | Work from office 56% employees reported |
Rating by Women Employees | 3.2 Average rated by 609 women | 3.9 Good rated by 64 women | 3.8 Good rated by 60 women | 3.5 Good rated by 167 women |
Rating by Men Employees | 3.3 Average rated by 6.2k men | 4.0 Good rated by 229 men | 3.9 Good rated by 286 men | 4.0 Good rated by 1.9k men |
Job security | 2.8 Poor | 3.9 Good | 3.9 Good | 3.7 Good |
Paytm Salaries
Team Lead
Senior Software Engineer
Software Engineer
Sales Executive
Senior Associate
Key Account Manager
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Product Manager
Deputy Manager
Technical Lead
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Paytm News
Paytm Shares Plunge 9% Amid Reports Of ED Probe
- Shares of One97 Communications, the parent company of Paytm, plunged nearly 9% amid reports of an ED probe.
- Enforcement Directorate (ED) is investigating Paytm and seven others in connection with a crypto scam linked to HPZ Token.
- ED has frozen funds in virtual accounts held with PayU, Easebuzz, Razorpay, CashFree, and Paytm.
- Paytm has issued a clarification stating that they haven't received any notice from ED regarding the probe.
Paytm Clarifies No New Notice From ED After Exchanges Seek Clarification
- Paytm has clarified that the company has not received any notice from the Enforcement Directorate regarding any crypto scam.
- Paytm's share price fell 8.96% after Indian exchanges sought clarification regarding an ongoing investigation by the Enforcement Directorate (ED) related to a cryptocurrency scam.
- The ED investigation focuses on the illegal activities surrounding the HPZ Token and alleged fraudulent cryptocurrency mining investments.
- Paytm's stock, initially falling 8.96%, recovered slightly to trade 2.77% lower. Analysts maintain mixed ratings for the company.
Crypto Scam: ED Freezes INR 500 Cr Kept With Paytm, Razorpay, Others
- The Enforcement Directorate (ED) has frozen about INR 500 Cr kept in virtual accounts of Paytm, Razorpay, PayU, Easebuzz, and four other payment gateways over the last two years in connection with an ongoing probe into the crypto scam linked to HPZ Token app.
- Fraudsters duped the public of INR 2,200 Cr through the pan-India scheme by promising phenomenal returns on investment for mining cryptocurrencies via the HPZ Token app.
- Chinese nationals were illegally transferring these funds out of India. The ED seized approximately INR 500 Cr held by the payment gateways during the investigation.
- The ED also froze amounts of INR 130 Cr, INR 33.4 Cr, INR 18 Cr, INR 10.6 Cr, and INR 2.8 Cr held by PayU, Easebuzz, Razorpay, CashFree, and Paytm respectively, in connection with the HPZ Token scam.
Indian govt-backed ONDC network to deliver Mahakumbh prasad across India
- The Indian government-backed Open Network for Digital Commerce (ONDC) has launched a service that allows devotees to receive prasad from the Maha Kumbh without traveling to the holy sites.
- Devotees can order prasad from the Bade Hanuman Ji Temple in Prayagraj and the Ayodhya Temple in Ayodhya using popular buyer apps like Paytm, Snapdeal, Easypay, DigiHaat, MyStore, and Rubaru.
- Prasad from Ayodhya and Prayagraj is sourced from local producers and made with pure ingredients like ghee and besan to ensure authenticity and reverence.
- The prasad delivery service is available nationwide with a 7-day turnaround time and is facilitated by logistics participants on the ONDC Network.
Vijay Shekhar Sharma Expects Paytm Payments Bank To Get Back Into Business
- Vijay Shekhar Sharma expects Paytm Payments Bank to get back into business.
- Sharma hired a new CEO for the bank and launched a fresh banking app.
- He believes that the bank will soon be sorted out as it is now operating at an arm's length from the rest of the fintech empire.
- Sharma aims to achieve operational profitability for Paytm in the next quarter.
Paytm CEO Expects Digital Bank Recovery Following Regulatory Suspension
- Paytm's CEO, Vijay Shekhar Sharma, expects the company's banking unit to recover following the regulatory suspension.
- Reserve Bank of India (RBI) had suspended business at Paytm Payments Bank due to noncompliances and supervisory concerns.
- Paytm is working to resolve the situation and has made changes to its approach towards the business.
- Paytm faced significant impact from the suspension and is now seeking partnerships with other FinTechs to sustain its digital payments business.
Paytm Shares Slip 8% After Q3 Results
- Shares of Paytm's parent company, One97 Communications, slipped 8% after reporting a net loss of INR 208.5 Cr in Q3 2024.
- Operating revenue in Q3 FY25 declined by 36% to INR 1,827.8 Cr compared to the previous year's quarter.
- Adjusted EBITDA loss narrowed by 78% to INR 41 Cr in Q3 FY25.
- Paytm aims to achieve adjusted EBITDA profitability in Q4 FY25 and profit after tax breakeven in FY26.
Paytm Q3 Results Review — Motilal Oswal Retains 'Neutral' Stance On The Stock; Here's Why
- Paytm reported a net loss of Rs 2.1 billion, lower than the estimated loss of Rs 3.6 billion.
- Paytm continues to witness an improvement in its business metrics, with disbursements recovering and GMV improving at a steady rate.
- Motilal Oswal retains a 'Neutral' stance on Paytm stock.
- The brokerage estimates Paytm to turn Ebitda positive by FY27.
Paytm Q3 Result Review: Path To Profitability Remains Uncertain, Say Analysts
- Despite some positive developments, such as a strong GMV increase and improved operating leverage, concerns around slower uptake in lending revenues and Paytm's path to profitability persist.
- BofA maintains 'underperform' rating on Paytm, citing challenges in achieving net income breakeven and the impact of the distribution model expansion.
- Macquarie also maintains 'underperform' rating, highlighting upside risks to distribution revenues despite strong performance and improving operating leverage.
- Jefferies holds a 'hold' rating, sees Paytm nearing break-even in Q3 but cautions about the impact of the new lending model on near-term margins.
Paytm Aims To Turn Profitable In Next One–Two Quarters, Says CFO
- One 97 Communications Ltd., the parent company of Paytm, plans to turn profitable in the next one or two quarters, according to the Group Chief Financial Officer.
- The company aims to be efficient as an organization and drive higher revenue growth.
- Despite reporting a net loss for the quarter, Paytm's revenue showed positive growth, increasing by 10%.
- The company expects steady growth on merchant loans and expects personal loan disbursements to be better in the next financial year.
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Paytm Payments Bank
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