The new entity is set up with a paid-up capital of Rs 100 crore. The company is on a mission to bring half a billion Indians into the mainstream economy through payments, commerce, banking, … As of now, it can be used to pay across more than 3 million stores, both online and offline. The Paytm wallet can be integrated with other e-commerce sites easily. Venture capitalist Anand Lunia in a series of tweets cleared all misconceptions about Paytm and others being trolled over funds from Chinese investors. tweeted one user. Revenue of Paytm was 3579 crores that is 500 million dollars in 2019. Paytm Founder Vijay Shekhar Sharma, speaking at the Global Fintech fest 2020, said that the company has seen up to 3.5% growth in transactions on its platform during the Coronavirus pandemic. Its headquarter is in Delhi, India. "Paytm is not a Chinese Company, Company origin and Company shares are different!" Until now, Paytm had been running its payment gateway services under One97 Communications. Also many use Paytm digital wallet and it has earned traction just after three months of demonetization in 2016. The fintech major has incorporated a new entity Paytm Payments Gateway Service Pvt Ltd for its payments gateway business. Paytm one of the biggest Fintech Company of Indian which has become a case study for Harvard University students. Paytm is India's leading financial services company that offers full-stack payments & financial solutions to consumers, offline merchants and online platforms. These steps seek to balance the competitive ground between non-bank payment operators and banks while simultaneously lowering settlement risks by growing the fintech ecosystem. EzeSmart is another device introduced by the company in 2018. The customer support is available 24/7 and is responsive. Indian fintech giant PayTM may turn profitable this year as the pandemic fuels a surge in the use of its payment platforms, the company's chief executive and founder told the Reuters Next conference. It gives an application based stage to pay installments, make travel appointments, inn and ticket booking, booking chamber, purchase of … Paytm; Established in 2010 with an initial investment of $2 Million by the founder Vijay Sharma with its headquarters in Delhi-NCR, Paytm is a digital wallet company and the only company amongst fintech companies in India producing two decacorn. Paytm, a leading Fintech organization, is a platform for portable installments and money related administration. PayTM – Best Fintech Brand in India. Paytm Paytm - Fintech Company. FinTech Watchlist Company Profile—Paytm The study analyzes the journey of India’s largest mobile payment player, Paytm that started off as an online platform for mobile phone top-up in 2010. While it is a fintech company, Paytm could improve its technical prowess to fuel its growth. In 2010, Vijay Shekhar Sharma founded Paytm which is also now a leading digital wallet company holding a significant position in India’s financial market.
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