Paytm Mall - News & Updates

[rahul1117kumar]

Paytm has launched, what can be called a large online mall, bigger than what any other online store is offering. The ecommerce player has tied up with more than one thousand brands like Samsung, Lakme, Woodland, Casio, Puma, Samsonite, HP, Whirlpool, Dell, HTC, and many more.

One can buy on this online mall from anywhere an at anytime of the day. This mall does not put its shutters down!

So, one can buy all original products of the top brands under one roof! As per reports, Paytm had removed around 3,200 sellers in 2015 over the charges of fraud.

So as long as you know what size of a particular brand fits you, the large variety of products is going to add to the experience of shopping online.

Brands are going to benefit from Paytm's reach through wallets, its marketing data on consumer behaviour. The ecommerce player will also offer assistance in catalogue management, payment tools, logistics, and will offer free hand to brands for managing stores.

Sellers who are not a part of the Brand Store will also be allowed to compete through their own seller store.

Wow! Biggest online mall on Paytm with over 1,000 brands! | Zee News

 

[rahul1117kumar]

Paytm , which was demerged from mobile wallet and payments player One 97 Communications, has launched a separate smartphone application and website for the online marketplace business. The platform called Paytm Mall, inspired by Alibaba's business-to-consumer portal TMall, will focus on structured categories and brand-authorised stores with a focus on electronics, top fashion brands and FMCG categories.

The launch of the application comes as Paytm is raising new round at this demerged entity, which will give Chinese ecommerce major Alibaba and payments affiliate Alipay a combined majority stake. ET reported on February 3 that Paytm is expected to raise $200-250 million.

Paytm has launched its new app Paytm Mall on Android and a website called paytmmall.com. It will offer a combination of the mall and bazaar concepts to consumers.

The marketplace has 1.4 lakh sel lers with over 68-million products across categories like fashion, electronics, consumer durables and home furnishings among others. “We have defined the quali ty criteria for sellers and are building strict controls over warehousing and shipping for products sold on Pa ytm Mall ,“ said Saurabh Vashishtha, Vice President at Paytm. Paytm Bazaar, the unstructured shopping channel on Paytm, will provide consumers a wide range of domestic and international assortments and both concepts will use debitcredit cards, net banking, Paytm and UPI as modes of payment.

Paytm Mall has over 17 fulfilment centres across India which have been set up by partners and sellers.

Paytm now opens a`mall' on your phone, Telecom News, ET Telecom

 

[rahul1117kumar]

Paytm’s e-marketplace, Paytm Mall, is rolling out a new feature that will allow consumers to place online orders at physical stores using QR Code.

The move, the company said, is aimed at smartphone users, mainly beyond the metros, who still do not shop online.To begin with, the feature is being rolled out to sell Samsung’s handsets.

Paytm Mall rolls out QR code feature - The Hindu

 

[Bapun]

Latest updates:

Paytm Mall To Hire 2,000 People This Year

Paytm transfers 800 staff to Paytm Mall

 

[Bapun]

Paytm Mall is scaling up integrations with other Alibaba investees —Xpressbees and BigBasket . It has been working with intra-city courier service providers to ensure rapid deliveries. Xpressbees is enabling this for Paytm Mall.

The site’s customers will be able to buy fresh produce through BigBasket’s store on Paytm Mall in the next three to five months. Paytm Mall will also use BigBasket’s in-house delivery network to start delivering other products.

Small towns become the next frontier for tech domination in India. Paytm Mall leading the pack?

 

[Bapun]

Paytm Mall: SoftBank in talks to invest big money in Paytm Mall - The Economic Times

 

[Bapun]

Paytm Mall bags $200 million from SoftBank

 

[Bapun]

E-commerce payment system and financial technology company Paytm has reportedly suffered a massive data breach after a hacker group targeted the company’s PayTM Mall database. The attackers are demanding a ransom in exchange for the data.

The breach potentially affects all accounts and related information at Paytm Mall. Paytm is yet to make an official statement on the breach.

Paytm Mall suffers massive data breach as hackers gain 'unrestricted access' into database: Report