Bank accounts frozen by ED don’t belong to Paytm, clarifies company
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Fintech solutions provider One 97 Communications, which operates the popular payment platform Paytm, dismissed reports that said its bank accounts were frozen after recent raids by the ED in connection with the Chinese loan app case.
Fintech solutions provider One 97 Communications, which operates the popular payment platform Paytm, dismissed reports that said its bank accounts were frozen after recent raids by the Enforcement Directorate (ED) in connection with the Chinese loan app case. "... As mentioned in our exchange filing, ED instructed us to freeze certain amount from MIDs of specific merchant entities and none of these funds belong to Paytm or our group companies," the Paytm said in a tweet. Earlier on Fr...