Founded | Vijay Shekhar Sharma |
Headquarters | Noida, India |
Products | Recharges, Mobile Payments |
Services | Payment system |
People | Vijay Shekhar Sharma (CEO) |
Competitors | Mobikwik, Freecharge, SBIBuddy, Payumoney |
Employees | 3400 |
facebook.com/paytm | |
twitter.com/paytm |
Paytm is an Indian payment system company headquartered in Noida, Uttar Pradesh launched in the year of 2010. The Paytm introduced option of Cash back to all offers with a huge run on Cashback to customers where it incurred in losses for gain of momentum of ecommerce customers. However paytm successfully retained its financial stram offering mobile wallet solutions. In 2015 Paytm received a license from RBI, Reserve Bank of India for starting Indias online mobile payments bank.
The company started as prepaid mobile recharge website, by offering services like mobile recharges, paying utilites bill payment and little in ecommerce.
Paytm extended its services to mobile wallets, online booking of tickets and taxis beside its mobile recharge and wallets.
2015 - Ratan Tata 2015 - Alibaba Group (Chinese Firm) 2016 - ICICI Bank(Loan)
Paytm offers various options for payment services like recharge, mobile wallet and cashback when ever user uses the account to make transaction