Paytm & The State of Payments in India

Paytm
Paytm Blog
Published in
2 min readFeb 4, 2020

A quick overview of how India’s Payments Ecosystem is evolving and the role Paytm plays in the same.

Over the past few years, India has taken a leap to become the leading nation to drive payment adoption and technology to masses. From online-only to full 360-degree adoption of payments via mobile phones, primarily through QR codes, wallets, Cards, and UPI; India now shows the way to the world how Digital Payments can become mainstream!

We at Paytm, bring to you how this ecosystem stands today, is fast evolving and also the significant role we play in bringing Payments to the mainstream economy — be it millions of consumers or millions of merchants.

1. Share of transactions across all payment methods:

2. Paytm is the most comprehensive payment app with all funding sources:

3. Bigger than everyone combined:

4. Paytm is India’s largest payment network with 16 million merchant partners:

5. Witnessing growth across all regions:

6. Key trends in different cities & towns:

We will continue to focus on driving financial inclusion and bringing half a billion Indians to the mainstream economy.

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