Thank you, for making us the leaders in the digital payment ecosystem

Paytm
Paytm Blog
Published in
2 min readMay 13, 2021

We wanted to take a moment to thank you for bringing us to where we are. We are thrilled to announce that Paytm recorded over 1.4 billion monthly transactions in March, led by the massive growth in offline payments and financial services. With over 20 million merchant partners on board, we currently maintain the highest market share in offline payments and continue to register 15% M-o-M growth. We are the only platform in the country that promotes all digital payments services including Paytm Wallet, UPI, Paytm Postpaid, cards & net-banking. We are building our vision on-ground by enabling 50 million merchants with IoT-based payment devices including All-in-One QR, All-in-One POS, Android Smart POS, and Soundbox over the next few years.

We are on a mission to empower businesses with digital payments & reconciliation services and continue to lead with the highest market share in offline merchant payments with 15% M-o-M growth. We are aiming to equip 5 million businesses with Paytm Soundbox 2.0, Paytm All-in-One EDC devices as well as its newly launched innovative Paytm Smart POS for Android phones that transforms a smartphone into a device that accepts debit & credit card payments just like a normal card swiping machine.

The company empowers users with multiple services including Paytm Payments Bank, Paytm Payments Gateway, Paytm Payout, Paytm Money for democratizing wealth creation, Paytm Insurance, Paytm Postpaid, Paytm Credit Cards as well as utility bill payments, offline merchant payments, content & gaming services.

Narendra Yadav, Vice President Paytm said, “Paytm is the only company that provides the widest range of options to both merchants and customers which has helped us to achieve over 1.4 billion monthly transactions. Consumers can pay from Paytm wallet, UPI, Paytm postpaid, credit or debit cards, and bank accounts. Similarly, merchants can accept payments into their wallet or in any bank account. Paytm has the widest network of merchants in the country with over 20 million merchants partners. We want to serve all spectrum of merchants, from street vendors to large retailers as we continue our efforts to enable them with IoT-based digital payments services. “

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