The California based PayPal has opposed the registration of Paytm’s mark with the Indian Trademark Registry. PayPal claims that the mark adopted by Paytm is deceptively similar to its own and would cause confusion to the customers. Their major opposition is to the color scheme that Paytm has chosen for its mark, which is identical to that of PayPal. The word ‘Pay’ is colored dark blue in both the marks while ‘tm’ has a light blue shade which is identical to the light blue shade used in the word “Pal”.
