Paytm likes users for digital transactions! Transactions exceeded 1 billion for the second consecutive month

Paytm

Paytm

Digital Payments and Financial Services Company Paytm continues to be the preferred payment app among users in terms of digital transactions. This is why Paytm crossed the record 1 billion mark in digital transactions for the second month.

New Delhi. Digital Payments and Financial Services Company Paytm continues to be the preferred payment app among users in terms of digital transactions. This is why Paytm crossed the record 1 billion mark in digital transactions for the second month. Paytm has touched 1 billion in digital transactions through its UPI (Unified Payments Interface) wallet. This is the second consecutive month when the transaction of Paytm has exceeded 1 billion. Paytm’s monthly growth is more than 15 percent. The company claims that about 1.70 crore merchants have subscribed to their service.

What to say about Paytm?
Paytm Vice President Narendra Yadav said that we have given many facilities to our users for digital transactions. With this, we are becoming stronger in the market and moving fast. A large number of users started their digital journey with Paytm.

Also read- LPG Price Hike: Another big shock to common man, LPG cylinder has become expensive by Rs 225 so far, know the latest pricePaytm said that we have introduced innovative QR code so that small shoppers can have ease of digital payment. Apart from this, Paytm said that the company has made digital payment facilities available to more than 6 lakh villages of the country. At the same time, more than 20 lakh merchants have been trained in online transactions.

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Company’s share is increasing in UPI
Paytm is rapidly increasing its stake in UPI. Paytm Payments Bank’s transaction in UPI transaction stood at 33.26 crores in January. At the same time, the transactions of PhonePe in January have been 96.87 crores and Google Pay’s 85.35 crores.



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