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Paytm hits PayPal hurdle in trademark row

Thursday, December 15, 2016 | More »

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Mobile wallet and e-commerce firm One97 Communications Ltd’s bid to seek a trademark for Paytm has hit a hurdle with global online payments company PayPal Inc. challenging the Indian company’s move. PayPal has filed a notice with the Indian trademark office in which it opposed Paytm’s applicat...

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PayPal to acquire international digital money transfer firm Xoom

Online payments company PayPal Inc has acquired Nasdaq-listed Xoom Corp, a digital money transfer provider with operations in India, for an overall consideration of $890 million. The transaction, which values each Xoom share at $25, represents a premium of 32 per cent over Xoom’s three-month v...

3 July, 2015 | More »