One97 Communications, which operates Paytm, has shelved plans for its first bonus share issue since its 2021 stock market debut. The company's board decided against proceeding with the proposal discussed on 20 July, saying it may revisit it later. Paytm has approved investing up to Rs 100 crore in its wholly-owned subsidiary Paytm Money. The capital will fund technology investments, regulatory requirements and expansion of investment and wealth management offerings. Paytm Money recorded a turnover of Rs 212.95 crore in FY26, up from Rs 172.93 crore previously. The company will seek shareholder approval to revise utilisation of Rs 1,686 crore in unspent IPO proceeds, extending the deployment deadline to March 2029. Paytm reported a 79% year-on-year increase in net profit to Rs 220 crore for the June quarter, whilst revenue rose 28% to Rs 2,448 crore.

Flip Group has partnered with Paytm to introduce Soundbox technology to Indonesia. The audio confirmation device will help merchants verify transactions more securely and efficiently. CEO Pratyush Prasanna announced the collaboration, which aims to enhance payment solutions in the Indonesian market. The technology provides audio alerts for completed transactions, reducing errors and fraud risks for businesses. The partnership marks Paytm's expansion of its payment confirmation technology beyond India into Southeast Asia's largest economy.

Paytm is partnering with Indonesian fintech Flip to launch its Soundbox payment device in Jakarta. The countertop device provides voice confirmation of successful digital payments, allowing merchants to verify transactions without checking phone screens. Flip will manage local operations whilst Paytm supplies the technology and expertise from serving millions of Indian merchants. The launch targets Indonesia's Quick Response Code Indonesian Standard (QRIS) market, which enables merchants to accept payments from any QRIS-enabled application through licensed providers. The partnership enters an established market, with similar QRIS soundbox devices already available. Telkomsel also offers voice-notification QRIS solutions through partners. The static QRIS system primarily serves micro and small merchants across Indonesia.