December’22 Operating Metrics: Over 5.8 million devices deployed, disburses loans worth ₹3,665 Cr ($443 million)

• Consumer engagement is at its highest on Paytm Super App with average monthly transacting users (MTU) at 85 million for the quarter ended December 2022, up 32% y-o-y 
• With a focus on creating additional payment monetization beyond MDR, our focus on subscription services continues to expand. Number of merchants paying subscription for payment devices has reached 5.8 million as of December 2022, an addition of 1 million devices in the quarter ended December 2022 
• Merchant payment volumes (GMV) for the quarter ended December 2022 at ₹3.46 Lakh Cr ($42 billion), y-o-y growth of 38% 
• Continued scale in our loan distribution business with disbursements of ₹3,665 Cr ($443 million, y-o-y growth of 330%) and 3.7 million loans (y-o-y growth of 117%) disbursed during the month of December 2022 

We have achieved sustained growth in our core payments and loan distribution business,  with our device deployment increased to 5.8 million. Consumer engagement is at its highest on Paytm Super App with average MTU at 85 million for the quarter ended December 2022, up 32% y-o-y. 

You can also access our exchange filing here: https://www.bseindia.com/xml-data/corpfiling/AttachLive/7b09130a-3d80-44da-956e-d4727bfca8d3.pdf

Our Operating metrics for Q3FY23 are here
Robust growth in MTU: The Paytm Super App continues to see growing consumer engagement with the average MTU for the quarter ended December 2022 at 85 million, registering a growth of 32% y-o-y.

New milestone in offline payments leadership: With a focus on creating additional payment monetization beyond MDR, our focus on subscription services continues to expand. We continue to strengthen our leadership in offline payments, with 5.8 million merchants now paying subscription for payment devices. With our subscription as a service model, the strong adoption of devices drives higher payment volumes and subscription revenues, while increasing the funnel for our merchant loan distribution.

Consistent growth in total merchant payments volume: The total merchant GMV processed through our platform for the quarter ended December 2022 aggregated to ₹3.46 Lakh Cr ($42 billion), marking a y-o-y growth of 38%. Our focus over the past few quarters continues to be on payment volumes that generate profitability for us, either through net payments margin or from direct upsell potential. 

Loan distribution business continues to scale: Our loan distribution business (in partnership with top lenders) continues to witness an accelerated growth with disbursements through our platform at ₹3,665 Cr in the month of December, growing 330% y-o-y. As a result, total disbursements for three months ended December 2022 was ₹9,958 Cr, a growth of 357% y-o-y. The number of loans grew 117% y-o-y to 3.7 million for the month of December, and 137% y-o-y to 10.5 million cumulative loans for the three months ended December 2022.