Indian mobile payment platform Paytm has formed strategic partnerships with leading retailers in the country.
Consumers can now pay for their purchases with Paytm in retail outlets such as Heritage Fresh, V2 Retail, Pai International (Pai Mobile) and WH Smith, reported Dnaindia.com.
Enabling cashless payments will reduce various issues related to cash transactions.
These partnerships are part of the Paytm’s plan to to enter the country’s tier II and tier III cities.
Using Paytm at retail outlets will allow users to receive promotional offers and schemes on the app.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataSee Also:
Paytm senior vice-president Kiran Vasireddy was quoted by the website as saying: "With this, we enable greater convenience to our user base while giving them more payment options and seamless checkout processes.
"In addition to the user convenience, we are quite confident that we will also bring in more footfalls to our partner stores."
Paytm can also be used at restaurants such as Cafe Coffee Day, Pizza Hut and KFC.
