Indian digital payment company Paytm has been summoned by government-operated India Post to drop the word ‘postcard’, according to The Times of India report.
According to the notice, which was sent by the Department of Posts to Paytm founder and CEO Vijay Shekhar Sharma, India Post currently has the exclusive right to use the word “postcard”, as per IPO Act rules and regulations.
Earlier this month, on Raksha Bandhan, Paytm rolled out Paytm Postcards, a digital version of gifting money that can be customized with messages based on the occasion and sent instantly to Paytm users across India.
In a blog Read full story ›
Source: The Drum
Industry News