Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Paytm making hay    </title>
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-The Hindu

Riding on this wave, the mobile wallet major expects to process transactions worth Rs.24,000 crore by the end of this year.

New Delhi: Paytm, India&rsquo;s largest mobile payments company and an e-commerce platform, has said that post demonetisation of Rs.500..."/>
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-The Hindu

Riding on this wave, the mobile wallet major expects to process transactions worth Rs.24,000 crore by the end of this year.

New Delhi: Paytm, India&rsquo;s largest mobile payments company and an e-commerce platform, has said that post demonetisation of Rs.500..." />
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                            <div align="justify">-The Hindu<br /><br /><em>Riding on this wave, the mobile wallet major expects to process transactions worth Rs.24,000 crore by the end of this year.<br /><br />New Delhi: </em>Paytm, India&rsquo;s largest mobile payments company and an e-commerce platform, has said that post demonetisation of Rs.500 and Rs.1000 notes, it has touched a record five million transactions a day, against Rs.2.5-3 million transactions earlier.<br /><br />With banks and ATMs unable to meet a high demand for new currency, many consumers have turned to mobile wallet services. Riding on this wave, the mobile wallet major expects to process transactions worth Rs.24,000 crore by the end of this year.<br /><br />&ldquo;Led by unprecedented growth in offline payments, Paytm has touched a record 5 million transactions a day and is on the way to process over Rs.24,000 crore,&rdquo; Paytm said in a statement.<br /><br />The company said it had registered a 700 per cent increase in overall traffic and 1,000 per cent growth in the amount of money added to the Paytm accounts over the last couple of days.<br /><br />The number of app downloads went up 300 per cent, while the number of transactions per user went up from 3 transactions to over 18 transactions in a week, Paytm said.<br /><br />The highest increase in usage was seen in Chennai, followed by Ahmedabad, Hyderabad, Kolkata and Bangalore. While overall maximum demand was coming from Delhi, followed by Bangalore, Pune, Hyderabad and Mumbai, it said.<br /><br />Kiran Vasireddy, Sr. vice president &ndash; Paytm, said: &ldquo;We have set bolder targets in merchant acquisition, and are aiming to target 5 million merchants by the end of the financial year.&rdquo;<br /><br />Over 8,50,000 offline merchants across India accept Paytm. &ldquo;This is a historic opportunity for India to skip the plastic generation and leapfrog to mobile payments. We also urge banks to reduce the charges for adding money to wallets and facilitate this shift in consumer behaviour. This will ensure that every merchant, big or small can accept mobile payments,&rdquo; Nitin Misra, Sr vice president &ndash; Paytm, said. <br /></div>                                                           
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    <br><a href="http://www.thehindu.com/business/Industry/paytm-transactions-nearly-double-to-five-million-daily/article9341074.ece?homepage=true" class="re" target="_blank">The Hindu, 13 November, 2016, http://www.thehindu.com/business/Industry/paytm-transactions-nearly-double-to-five-million-daily/article9341074.ece?homepage=true</a><div class="clear"></div>
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Riding on this wave, the mobile wallet major expects to process transactions worth Rs.24,000 crore by the end of this year.

New Delhi: Paytm, India&rsquo;s largest mobile payments company and an e-commerce platform, has said that post demonetisation of Rs.500..."/>
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                            <div align="justify">-The Hindu<br /><br /><em>Riding on this wave, the mobile wallet major expects to process transactions worth Rs.24,000 crore by the end of this year.<br /><br />New Delhi: </em>Paytm, India&rsquo;s largest mobile payments company and an e-commerce platform, has said that post demonetisation of Rs.500 and Rs.1000 notes, it has touched a record five million transactions a day, against Rs.2.5-3 million transactions earlier.<br /><br />With banks and ATMs unable to meet a high demand for new currency, many consumers have turned to mobile wallet services. Riding on this wave, the mobile wallet major expects to process transactions worth Rs.24,000 crore by the end of this year.<br /><br />&ldquo;Led by unprecedented growth in offline payments, Paytm has touched a record 5 million transactions a day and is on the way to process over Rs.24,000 crore,&rdquo; Paytm said in a statement.<br /><br />The company said it had registered a 700 per cent increase in overall traffic and 1,000 per cent growth in the amount of money added to the Paytm accounts over the last couple of days.<br /><br />The number of app downloads went up 300 per cent, while the number of transactions per user went up from 3 transactions to over 18 transactions in a week, Paytm said.<br /><br />The highest increase in usage was seen in Chennai, followed by Ahmedabad, Hyderabad, Kolkata and Bangalore. While overall maximum demand was coming from Delhi, followed by Bangalore, Pune, Hyderabad and Mumbai, it said.<br /><br />Kiran Vasireddy, Sr. vice president &ndash; Paytm, said: &ldquo;We have set bolder targets in merchant acquisition, and are aiming to target 5 million merchants by the end of the financial year.&rdquo;<br /><br />Over 8,50,000 offline merchants across India accept Paytm. &ldquo;This is a historic opportunity for India to skip the plastic generation and leapfrog to mobile payments. We also urge banks to reduce the charges for adding money to wallets and facilitate this shift in consumer behaviour. This will ensure that every merchant, big or small can accept mobile payments,&rdquo; Nitin Misra, Sr vice president &ndash; Paytm, said. <br /></div>                                                           
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-The Hindu

Riding on this wave, the mobile wallet major expects to process transactions worth Rs.24,000 crore by the end of this year.

New Delhi: Paytm, India&rsquo;s largest mobile payments company and an e-commerce platform, has said that post demonetisation of Rs.500..."/>
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-The Hindu

Riding on this wave, the mobile wallet major expects to process transactions worth Rs.24,000 crore by the end of this year.

New Delhi: Paytm, India&rsquo;s largest mobile payments company and an e-commerce platform, has said that post demonetisation of Rs.500..." />
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    <h1 class="cat-box-title">Paytm making hay</h1>
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                            <div align="justify">-The Hindu<br /><br /><em>Riding on this wave, the mobile wallet major expects to process transactions worth Rs.24,000 crore by the end of this year.<br /><br />New Delhi: </em>Paytm, India&rsquo;s largest mobile payments company and an e-commerce platform, has said that post demonetisation of Rs.500 and Rs.1000 notes, it has touched a record five million transactions a day, against Rs.2.5-3 million transactions earlier.<br /><br />With banks and ATMs unable to meet a high demand for new currency, many consumers have turned to mobile wallet services. Riding on this wave, the mobile wallet major expects to process transactions worth Rs.24,000 crore by the end of this year.<br /><br />&ldquo;Led by unprecedented growth in offline payments, Paytm has touched a record 5 million transactions a day and is on the way to process over Rs.24,000 crore,&rdquo; Paytm said in a statement.<br /><br />The company said it had registered a 700 per cent increase in overall traffic and 1,000 per cent growth in the amount of money added to the Paytm accounts over the last couple of days.<br /><br />The number of app downloads went up 300 per cent, while the number of transactions per user went up from 3 transactions to over 18 transactions in a week, Paytm said.<br /><br />The highest increase in usage was seen in Chennai, followed by Ahmedabad, Hyderabad, Kolkata and Bangalore. While overall maximum demand was coming from Delhi, followed by Bangalore, Pune, Hyderabad and Mumbai, it said.<br /><br />Kiran Vasireddy, Sr. vice president &ndash; Paytm, said: &ldquo;We have set bolder targets in merchant acquisition, and are aiming to target 5 million merchants by the end of the financial year.&rdquo;<br /><br />Over 8,50,000 offline merchants across India accept Paytm. &ldquo;This is a historic opportunity for India to skip the plastic generation and leapfrog to mobile payments. We also urge banks to reduce the charges for adding money to wallets and facilitate this shift in consumer behaviour. This will ensure that every merchant, big or small can accept mobile payments,&rdquo; Nitin Misra, Sr vice president &ndash; Paytm, said. <br /></div>                                                           
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    <br><a href="http://www.thehindu.com/business/Industry/paytm-transactions-nearly-double-to-five-million-daily/article9341074.ece?homepage=true" class="re" target="_blank">The Hindu, 13 November, 2016, http://www.thehindu.com/business/Industry/paytm-transactions-nearly-double-to-five-million-daily/article9341074.ece?homepage=true</a><div class="clear"></div>
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Home हिन्दी

Paytm making hay

Published on Nov 14, 2016   Modified on Nov 14, 2016

-The Hindu Riding on this wave, the mobile wallet major expects to process transactions worth Rs.24,000 crore by the end of this year. New Delhi: Paytm, India’s largest mobile payments company and an e-commerce platform, has said that post demonetisation of Rs.500 and Rs.1000 notes, it has touched a record five million transactions a day, against Rs.2.5-3 million transactions earlier. With banks and ATMs unable to meet a high demand for new currency, many consumers have turned to mobile wallet services. Riding on this wave, the mobile wallet major expects to process transactions worth Rs.24,000 crore by the end of this year. “Led by unprecedented growth in offline payments, Paytm has touched a record 5 million transactions a day and is on the way to process over Rs.24,000 crore,” Paytm said in a statement. The company said it had registered a 700 per cent increase in overall traffic and 1,000 per cent growth in the amount of money added to the Paytm accounts over the last couple of days. The number of app downloads went up 300 per cent, while the number of transactions per user went up from 3 transactions to over 18 transactions in a week, Paytm said. The highest increase in usage was seen in Chennai, followed by Ahmedabad, Hyderabad, Kolkata and Bangalore. While overall maximum demand was coming from Delhi, followed by Bangalore, Pune, Hyderabad and Mumbai, it said. Kiran Vasireddy, Sr. vice president – Paytm, said: “We have set bolder targets in merchant acquisition, and are aiming to target 5 million merchants by the end of the financial year.” Over 8,50,000 offline merchants across India accept Paytm. “This is a historic opportunity for India to skip the plastic generation and leapfrog to mobile payments. We also urge banks to reduce the charges for adding money to wallets and facilitate this shift in consumer behaviour. This will ensure that every merchant, big or small can accept mobile payments,” Nitin Misra, Sr vice president – Paytm, said.

The Hindu, 13 November, 2016, http://www.thehindu.com/business/Industry/paytm-transactions-nearly-double-to-five-million-daily/article9341074.ece?homepage=true

Tagged with: Currency demonetisation Demonetisation Financial Inclusion PayTM Digita Wallets Mobile Wallets

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