Paytm Unveils App Redesign with Focus on Core Payment Services

1 min read     Updated on 14 Oct 2025, 05:10 PM
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Shriram ShekharScanX News Team
Overview

One 97 Communications, operator of Paytm, has launched a significant redesign of its mobile app. The new interface features a clean, white theme and prioritizes core payment services like UPI transfers and bill payments. While some users appreciate the cleaner design, others have reported issues with ad placement and technical glitches. The redesign aims to streamline services, rebuild consumer confidence, and address recent challenges faced by the company.

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*this image is generated using AI for illustrative purposes only.

One 97 Communications , operating the popular Paytm platform, one of India's leading digital payment services, has announced a significant redesign of its mobile application. The revamp, spearheaded by founder Vijay Shekhar Sharma, aims to streamline the user experience and prioritize core payment services.

Key Features of the Redesign

  • New Interface: The app now sports a clean, white-themed interface, designed to enhance user navigation and reduce clutter.
  • Prioritized Services: Core functionalities such as UPI transfers and bill payments have been given prominence in the new layout.
  • Quick Access: Frequently used features, including UPI transfers, credit card bill reminders, and investment options, are now more easily accessible.

User Feedback

The redesign has elicited mixed responses from Paytm users:

Positive Feedback Concerns Raised
Cleaner interface Ad placement disrupting payment processes
Clutter-free design Technical issues (e.g., capitalization errors for bank names)
Flight ticket display glitches

Suggested Improvements

Users have proposed several enhancements to further improve the app's functionality:

  1. Customizable sections for most-used features
  2. Better prioritization of transaction functions

Strategic Implications

This app revamp represents a strategic move by Paytm to:

  1. Rebuild consumer confidence
  2. Streamline services
  3. Address recent challenges, including restrictions imposed by the Reserve Bank of India on its payments bank operations

As Paytm continues to evolve its digital payment ecosystem, this redesign marks a significant step in its efforts to enhance user experience and maintain its position in India's competitive fintech landscape.

Historical Stock Returns for One 97 Communications

1 Day5 Days1 Month6 Months1 Year5 Years
-0.26%+2.22%+3.47%+47.29%+76.47%-18.38%
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Paytm Acquires 90% Stake in Foster Payment Networks for INR 55.20 Crores

1 min read     Updated on 10 Oct 2025, 08:43 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

One 97 Communications Limited (Paytm) has acquired a 90.01% stake in Foster Payment Networks Private Limited for INR 55.20 crores. The acquisition, completed on October 10, 2025, is part of Paytm's internal restructuring to simplify group structure and improve efficiency. Foster Payment Networks, a technology services company, reported a total income of INR 4.12 Crores in FY 2024-25. Paytm plans to acquire the remaining 9.99% equity by December 31, 2025, for approximately INR 6.20 crores, making Foster a wholly-owned subsidiary.

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*this image is generated using AI for illustrative purposes only.

One 97 Communications Limited (Paytm) has completed a significant acquisition, marking a strategic move in its corporate restructuring efforts. The fintech giant has acquired a 90.01% stake in Foster Payment Networks Private Limited, a technology services company, for approximately INR 55.20 crores.

Key Details of the Acquisition

Aspect Details
Acquired Company Foster Payment Networks Private Limited
Stake Acquired 90.01%
Acquisition Cost INR 55.20 crores
Seller Paytm Financial Services Limited (PFSL)
Transaction Date October 10, 2025
Transaction Basis Cash consideration at fair value as of September 30, 2025

About Foster Payment Networks

Foster Payment Networks, incorporated in February 2021, operates in the technology services sector. The company's financial performance has shown steady growth over the past three years:

Financial Year Total Income
FY 2024-25 INR 4.12 Crores
FY 2023-24 INR 4.22 Crores
FY 2022-23 INR 2.54 Crores

Strategic Implications

This acquisition is part of Paytm's internal restructuring initiative, aimed at simplifying the group structure and improving business efficiency. With this transaction, Foster Payment Networks has transitioned from an associate company to a subsidiary of Paytm.

Future Plans

Paytm intends to complete the acquisition of the remaining 9.99% equity shares from other shareholders by December 31, 2025. This final step is expected to cost approximately INR 6.20 crores, which will make Foster a wholly-owned subsidiary of Paytm.

Regulatory Compliance

The transaction has been executed in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Paytm has confirmed that the acquisition qualifies as a related party transaction and has been carried out on an arm's-length basis, adhering to applicable regulatory provisions.

This strategic move by Paytm underscores the company's focus on streamlining its corporate structure and aligning its operations for improved efficiency in the competitive fintech landscape.

Historical Stock Returns for One 97 Communications

1 Day5 Days1 Month6 Months1 Year5 Years
-0.26%+2.22%+3.47%+47.29%+76.47%-18.38%
One 97 Communications
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