India Growing

Paytm

FoundedVijay Shekhar Sharma
HeadquartersNoida, India
ProductsRecharges, Mobile Payments
ServicesPayment system
PeopleVijay Shekhar Sharma (CEO)
CompetitorsMobikwik, Freecharge, SBIBuddy, Payumoney
Employees3400
Facebookfacebook.com/paytm
Twittertwitter.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.

History

The company started as prepaid mobile recharge website, by offering services like mobile recharges, paying utilites bill payment and little in ecommerce.

Services

Paytm extended its services to mobile wallets, online booking of tickets and taxis beside its mobile recharge and wallets.

Funding

2015 - Ratan Tata 2015 - Alibaba Group (Chinese Firm) 2016 - ICICI Bank(Loan)

Paytm Offers: Recharge, Wallet and Cashback

Paytm offers various options for payment services like recharge, mobile wallet and cashback when ever user uses the account to make transaction

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