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It started off as a prepaid mobile and DTH recharge platform, and later added debit card, postpaid mobile and landline bill payments in 2013. [ 14 ] In October 2011 Sapphire Ventures (fka SAP Ventures) invested $10 million in One97 Communications Ltd. [ 15 ] By January 2014, the company had launched the Paytm Wallet, which the Indian Railways ...
The service is provided by Paytm and a QR code is generated on the commuter's phone which is read at entry and exit by a scanner at the turnstiles. [161] In January 2020, MMOPL started issuing paper tickets with a QR code printed on it with an aim to completely move from the earlier plastic RFID-based tokens. [162]
Though it can be used interchangeably with breakage, [20] slippage is the phenomenon when a consumer has his or her rebate fulfilled, but he or she loses or forgets to cash the check. Some rebate companies could tout a higher "redemption rate" including the breakage , while not calculating the potential slippage of uncashed checks.
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In November 2021, Paytm went public raising $2.5 billion at a valuation of $19 billion, making it India's largest initial public offering at that time. [17] Sharma is also an angel investor who has supported tech startups. [18] [19] Sharma joined the board of management at Netaji Subhas University of Technology in Delhi for three years. [20]
In 2016, IRCTC launched a lighter version of its website to enable booking at low speed internet connections. [20] On 7 August 2019, IRCTC launched a payment wallet named iMudra. [21] [22] On 11 August 2021, IRCTC introduced a smart card system through which unreserved train tickets which can be bought either at railway stations or online. [23]
The EasyCard is a contactless smartcard system operated by the EasyCard Corporation, which was previously named the "Taipei Smart Card Corporation", for payment on the Taipei Metro (also known as "Taipei MRT", or "Taipei Rapid Transit System"), buses, and other public transport services in Taipei since June 2002, and its usage has since expanded to other public transport services throughout ...
The group primarily invests in companies operating in technology that offer goods and services to customers in a multitude of markets and industries ranging from the internet to automation. [4] With over $100 billion in capital at its onset, SoftBank's Vision Fund is the world's largest technology-focused venture capital fund.