Paytm clocked 1.2 billion transactions across platforms in February
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Last Updated: Mar 01, 2021, 05:01 AM IST
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Synopsis
Paytm, operated by Vijay Shekhar Sharma’s One97 Communications, consistently reports third-highest UPI transaction volumes behind PhonePe and Google Pay.
Paytm is joining hands with Ola and IndusInd Bank to apply for a NUE licence from RBI and set up its own national payment network.
Mumbai:Paytm clocked more than 1.2 billion monthly transactions in February across platforms, courtesy the massive growth in offline payments and financial services, India’s most-valued fintech startup said.
The February run rate is consistent with January, a company spokesperson said but didn’t disclose the previous month’s numbers.