One97 Communications Limited (PAYTM.BO)
One97 Communications Limited operates in the Software - Infrastructure industry of the Technology sector, headquartered in Noida, UP, IN. The stock last traded at $1604.00, down 2.55% on the session, giving a market capitalisation of $1.03T. Its beta of -0.27 implies it has historically moved less than the broad market.
One97 Communications Limited, established in 2000 and based in Noida, India, operates as a diversified digital platform, offering an extensive suite of payment, financial, and commerce & cloud services to consumers and merchants across India. Its financial services encompass payment facilitation, consumer and merchant lending, and wealth management solutions. Under its commerce and cloud segment, the company acts as an aggregator for digital products, provides ticketing for travel and entertainment, and supplies voice and messaging infrastructure to telecom operators, enterprises, and other businesses. For consumers, One97 enables diverse payment options through the Paytm app, including third-party methods like cards and net banking, alongside proprietary Paytm instruments such as its digital wallet and postpaid service. These can be used for online transactions via the Paytm app or other platforms, as well as in-store purchases through QR codes and dedicated devices. Additionally, the company extends its offerings to include mobile banking, insurance, and further lending products for both consumers and merchants. Merchants benefit from services such as ticket selling capabilities, advertising tools, and loyalty programs like deals and gift vouchers.
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