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Paytm Payments Gateway Aims To Facilitate Rs 6,000 Cr Worth Of Transactions Next Year
Retailers for mobile phone and DTH recharges usually make most of their payments to distributors of bulk top-ups in cash.
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Paytm Payments Gateway (PPG) on Tuesday said it is working with mobile phone and DTH top-up retailers to make cashless payments for bulk recharge buys from telecom and satellite television service distributors, and expects to facilitate Rs 6,000 crore worth of transactions in business volume next year.
Retailers for mobile phone and DTH recharges usually make most of their payments to distributors of bulk top-ups in cash. However, with the ongoing pandemic companies are hoping to reduce dependency on cash and make the process digital.