Bing! Paytm has now 50 million wallets, doing over 60 million transactions every month
We’ve reached 50 million Paytm Wallets on our platform and are proud that 50 million Indianshave trusted us with their money, and 1/3rd of them transact on Paytm on any given month. It shows that the world is moving increasingly towards mobile and people want access to it from wherever they are, whenever they need it.
Our Paytm Wallet – a secure digital wallet – lets you hassle-free manage your money online; recharge, pay bills, shop on Paytm, send money to friends & pay for various brands & services like Uber, MakeMyTrip, BookMyShow and many more. The wallet allows you inter-wallet money transfers and wallet-to-bank transfers, wherein you can transfer the money stored in the online wallet to a bank account.
Our mission is to be and remain India’s most trusted mobile commerce platform; we have never taken even a single consumer for granted. Our consumers are at the center of our universe and this landmark is a reaffirmation of their faith on us. We believe that half a billion Indians will be a part of the Paytm story, and we will help in on-boarding them into India’s mainstream economy, using mobile payment & commerce services. By the end of this year we even want to take this milestone further and take the number to 100 million wallet users.