![]() PayPal, on the other hand, has not yet launched its full suite of services in India. It has about 100 million active users on its wallet. Paytm, which has got an RBI licence to operate a payments bank, has been the biggest gainer of demonetisation with its user-base expanding by 14 million in the past one month. PayPal launched its first peer-to-peer payment. PayPal has agreed to acquire Honey Science. Venmo, now a PayPal subsidiary, surpasses 1 billion in payments processed for a single month - its highest level ever. PayPal logo can be seen at its office in San Jose, California, United States on November 23, 2019. This issue comes at a time when Paytm, founded by Vijay Shekhar Sharma, has been aggressively advertising and promoting its services. The logo of online payment company PayPal is pictured during LeWeb 2013 event in Saint-Denis near Paris on December 10, 2013. The company has been using the logo that it claims is similar to the Paytm. Shop the finest selection of paypal logo, 67 Discount Last 3 Days, funny 40th birthday ideas,patagonia jacket womens,electricity switch board,sales. “There is no reason for the applicant (Paytm) to adopt the identical colours and colour scheme other than to take advantage of the reputation the opponent (PayPal) has built up into this combination in connection with its popular services,” the complaint said. PayPal has registered five different logos with the Indian trademark registrar. Thousands of new, high-quality pictures added every day. In a letter to the Registrar of Trademarks, PayPal said the use of Paytm’s logo is likely to cause confusion among the public as it has a similar two-tone blue colour scheme. Find May 2016 Berlin Logo Band Paypal stock images in HD and millions of other royalty-free stock photos, illustrations and vectors in the Shutterstock collection. Several Indian companies, including ITC and McDowell, have in the past been accused of copying trademarks by rivals like Cadbury and Glenfiddich. For 2016-2021 Camaro SS Coupe 6.2L Performance Strut Tower Brace 84125309 NEW. ![]() The company has been using the logo that it claims is similar to the Paytm one since 2007. PayPal shares have increased 5 percent since the beginning. PayPal has registered five different logos with the Indian trademark registrar. PayPal expects full-year earnings in the range of 1.69 to 1.74 per share, with revenue ranging from 12.45 billion to 12.65 billion. Payments company Paytm has joined a growing list of Indian companies accused by foreign players of trademark infringement.Ĭalifornia-based PayPal has filed a case against Paytm in the Indian trademark office for using a logo similar to its own.
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