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Paytm disburses Rs 5,517 crore loans in August, deploys 87 lakh devices for offline payments

India Business News: "Our loan distribution business (in partnership with our lender partners) continues to gain scale with disbursements of Rs 10,710 crore ($1.3 billion,

Vijay shekhar sharma ledPayment volumesBusiness newsVijay shekhar sharmaPaytm loan distribution businessPaytm loan disbursalEpayment transactions

Paytm posts robust growth in Jul-Aug; in-store payments strengthen, 87 lakh devices deployed #newkerala(100845)

Paytm posts robust growth in Jul-Aug; in-store payments strengthen, 87 lakh devices deployed #newkerala(100845)
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Paytm Operating Performance Update for the month of August 2023

Paytm Operating Performance Update for the month of August 2023
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Paytm shares in focus as Merchant Payment Volumes rise 39% in July

Paytm said its loan distribution business continues to gain scale with disbursements of Rs 5,194 crore in July

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Visa reports smallest rise in quarterly profit in two years

Rising borrowing costs, wide-ranging layoffs and chances of a mild recession later this year are starting to deter pandemic-weary travelers and shoppers who had fueled a recovery in payment volumes for companies such as Visa and Mastercard in 2022. Visa's payment volumes rose 9% in the quarter, while cross-border volumes climbed 17%. Peer American Express reported record spending in its quarterly report on Friday, but kept its full-year profit forecast unchanged.

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