LIC ties up with Paytm to handle all its digital payments
LIC ties up with Paytm to handle all its digital payments File photo State-run insurance firm, Life Insurance Corporation has appointed Paytm, digital payments major, to facilitate its digital payments. What this means is that LIC policy holders can now pay their premium using Paytm. Sources told Times of India, LIC had tied up with another payment gateway earlier but has now signed a new deal with Paytm as most of its payments have moved to digital modes. The news report said 17 payment platforms had aggressively bid, but Paytm bagged the contract due to its ability to straddle multiple pay...