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Paytm Refutes Reports of Sharing Indian Users’ Data With Third Parties

Paytm reiterated that their policy allows only legally compliant data requests from the "law of the land" to get access to data for necessary investigations

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Security, Paytm
Paytm rolls out women exclusive 'Social Community Platform'.

Digital wallet payment company Paytm on Saturday refuted media reports that it has shared user data to third parties, saying that the data of its 300 million registered users is safe in India.

“There is a video going around on social media and it falsely claims that we shared some data with 3rd parties. Nothing can be further from the truth,” the company wrote in a blog post.

“We never share your data with anyone: any company/ any government or any country. At Paytm, your data is yours. Not ours, or of a third party, or of the government.”

Paytm reiterated that their policy allows only legally compliant data requests from the “law of the land” to get access to data for necessary investigations.

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“You can be sure that no data is shared with anyone whom you would not have given us permission to share it with. This is the holy grail of trust between us.

“Any person claiming otherwise is not aware of the policy and is not authorised to speak on behalf of the company,” the company said. (IANS)

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Paytm and SHEROES Brings Special Social Community Platform for Women

Paytm, SHEROES join hands for women's only platform on app

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Paytm SHEROES
Paytm's Senior Vice President Deepak Abbot said that this exclusive social community feed for women builds on the significant traction Paytm Inbox is enjoying among its users. Pixabay

The Paytm app will now have a special social community platform where women can engage with each other on topics like health, careers, relationships, and cooking as well as share their life stories and achievements.

One97 Communications Ltd, which owns brand Paytm, has tied up with women’s community platform SHEROES to build this community for women on its Paytm Inbox feature, which has registered over 30 million monthly visitors for content-based services.

Paytm’s Senior Vice President Deepak Abbot said that this exclusive social community feed for women builds on the significant traction Paytm Inbox is enjoying among its users

“This is an important initiative towards women’s empowerment as it provides specially curated content and various communities that they can participate in as per their interests. This social platform will provide a powerful forum for them to express, learn and share while educating themselves,” he added,

Paytm and SHEROES shared vision to create more value for millions of women Internet users. Pixabay

SHEROES Chief Product Officer Avinash Hindupur said that the joint venture takes forward their “shared vision to create more value for millions of women Internet users”.

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“SHEROES has been a champion for women using the Internet, to craft their growth stories. Leveraging Paytm’s depth and reach, millions of women Internet users can now access over 1000 communities offering advice, a platform for visibility and conversations. This partnership is a strategic step towards our goal of taking the community ecosystem to 100 million women.” (IANS)