Paytm and SBI Cards shares were in focus on Thursday. SBI Cards and Payment Services and One97 Communications announced a partnership, under which SBI Cards cardholders will be enabled to tokenise their cards and make payments through Paytm.
SBI Cards and Paytm parent One97 Communications' shares were in focus on Thursday after the companies announced a collaboration. Digital payment lender Paytm partnered with SBI Cards and Payment Services Ltd - the credit card arm of the state-owned lender SBI - to enable cardholders to tokenise their cards on devices and make payments through Paytm.
At 11:40 am, the stock of SBI Cards was down 1.2 percent at Rs 909.5 on BSE, and that of Paytm down 0.6 percent at Rs 1,334.3.