Analysis of News relating to the Digital Money Ecosystem

Banking to Help Alibaba-Backed Paytm Lure Half a Billion Users - Bloomberg

23/01/2017 Link to source

Banking to Help Alibaba-Backed Paytm Lure Half a Billion Users In this way, the payments bank will bolster Paytm's digital-wallet services by providing account holders with returns on their deposits and with financial products like mutual funds and insurance policies, Deora said. The company will be moving its ... and more »

Context

	Insurance Provider An insurer is defined as a person or company offering insurance policies in return for premiums.
	Alibaba Group Founded in China by Jack Ma in 1999, Alibaba.com is an e-commerce platform for small businesses, connecting millions of buyers and suppliers around the world.
	paytm Mobile Solutions Private Limited (paytm) Paytm was incubated by One97 Communications Ltd to offer a simple, fast and enjoyable experience for online recharges and payments.
	Insurance services Insurance services is a category under which we analyse insurance services of all kinds, offered within the context of digital money initiatives.
	paytm Mobile Solutions Private Limited (paytm) Paytm was incubated by One97 Communications Ltd to offer a simple, fast and enjoyable experience for online recharges and payments.
	Alibaba Group Founded in China by Jack Ma in 1999, Alibaba.com is an e-commerce platform for small businesses, connecting millions of buyers and suppliers around the world.
	Ant Financial Services Group Founded in China by Jack Ma in 1999, Alibaba.com is an e-commerce platform for small businesses, connecting millions of buyers and suppliers around the world.
	Paytm Cash Wallet One97's digital payments company Paytm launched its semi closed mobile wallet Paytm Cash Wallet in January 2014 as part of its vision to build a digital goods marketplace.
	Paytm Payments Paytm is India's largest digital goods marketplace run by One97. Paytm Payments claim to integrate seamlessly into merchant's existing systems. It provides the flexibility to customize based on needs.
	paytm App The paytm service leverages the newly established IMPS for making instant payments. They offer mobile recharge, DTH payments, bill payments, toll card recharges, landline, bus tickets and more through convenient online methods.
	Payments The Payments Topic includes knowledge related to a variety of services such as mobile payments, online payments, bill payments and more.
	Products and Services This topic discusses the products and services that are involved in the provision of digital money services.
	Paytm One97 Payment Services Paytm is India's largest digital goods marketplace run by One97. Paytm Payments claim to integrate seamlessly into merchant's existing systems. It provides the flexibility to customize based on needs.
	Paytm Payments Paytm is India's largest digital goods marketplace run by One97. Paytm Payments claim to integrate seamlessly into merchant's existing systems. It provides the flexibility to customize based on needs.

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