Paytm shares in focus: Firm rolls out plan to convert loyalty points into gold; all you need to know

Talking about the new loyalty programme, Paytm founder Vijay Shekhar Sharma said Paytm will give gold coins even for person-to-person money transfers that can be converted into digital gold after crossing a certain threshold level.

"Your P2P and your UPI payment on Paytm are absolutely golden. And no other app can give you that level of incentive. I am talking about every other app that we saw in the market. We made it simple and clean, and there is no limitation on how much gold you can get and so on," Sharma said.

He said Paytm users can convert their points into gold once the value reaches ₹15.

Paytm Senior Vice-President Yugal Tiwari said users will get one gold point for every ₹100 spent on the platform, and there will be double points allotted if payment is made using Rupay cards.

"100 gold coins can be redeemed as ₹1 worth of digital gold," Tiwari said.

Besides, Paytm on Thursday also launched Paytm Checkin, an AI-enabled travel booking app that helps users plan trips with features, including destination recommendations, personalised itineraries, and booking management.

The app supports bookings across flights, trains, buses, and metro services, the company said in a statement.

"We are taking a big step in AI-led travel with Paytm Checkin, creating a new and smarter way for people to plan and book their journeys.

"We believe AI will change the way travel bookings are done, and with Paytm Checkin, we are bringing a world-class, AI-first experience through a dedicated app designed to make travel planning simple, personal, and effortless," Paytm Travel CEO Vikash Jalan said.

The app is now live on the Google Play Store and iOS App Store.

The new travel app, launched with a beta version of AI, can recommend destinations, curate personalised itineraries, and organise bookings across flights, trains, buses, and metro, creating a seamless travel journey from planning to checkout.

One 97 Communications Q2 Results

Paytm brand owner One 97 Communications, India's full-stack merchant payments leader serving MSMEs and enterprises and a leading financial services distribution company, on November 4 announced its financial results for the second quarter ended September 2025 (Q2 FY26), reporting a strong improvement in profitability alongside solid revenue growth.

During the quarter, Paytm's operating revenue rose 24% year-on-year (YoY) to ₹2,061 crore, driven by continued growth in its payments and financial services businesses.

The company reported a profit after tax (PAT) of ₹211 crore, before a one-time charge for full impairment of a ₹190 crore loan to our JV, First Games Technology Pvt Ltd.

Reported PAT stood at ₹21 crore. The result marks a significant improvement from the previous quarter, underscoring Paytm's progress towards sustainable profitability.

EBITDA improved to ₹142 crore, with a 7% margin, on account of revenue growth and operating leverage.

Contribution profit grew 35% YoY to ₹1,207 crore, with a healthy 59% margin, driven by higher net payment margins and an increased share of financial services revenue.

Paytm's payment services revenue rose 25% YoY to ₹1,223 crore, while net payment revenue increased 28% to ₹594 crore.

Gross Merchandise Value (GMV) surged 27% YoY to ₹5.67 lakh crore, supported by improved processing margins on account of higher growth of credit cards on UPI and affordability offerings (such as EMI).

The company's merchant ecosystem continued to expand, with subscriptions reaching an all-time high of 1.37 crore, up 25 lakh YoY, reinforcing Paytm's leadership in omni-channel merchant payments.