Paytm is all set to launch its paytm messaging service to counter social networks Facebook and Whatsapp. News from the sources is coming that it will be launched by the end of this month.
Paytm is one of the India’s leading digital wallet. It is spreading its branches day by day. Paytm offers a lot of services to its customers. Now, It is adding one more in the list by providing messaging service.
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Paytm Messaging Service
Paytm is going to launch messaging service. Most probably, it will reach you till the end of August. The company is adding its messaging functionality in its payment app. This app is already loved by millions of people for paying bills, booking tickets and other facilities.
The app will provide messaging facility. In addition, the messaging service will allow users to send audio, video, images and other files. It will be quite similar to one of the most loving messaging app Whatsapp. Paytm is doing this to counter Whatsapp and Facebook.
What is Paytm ?
Paytm is an Indian electronic payment and e-commerce company. It is the consumer brand of One97 communications. Paytm is available through browser and app both.
Paytm provides various services which are:
- Movie Tickets
- Bill Payments
- Flight Tickets
- Train Bookings
- Gift Cards
- Event Tickets
- Deals on Shopping
Paytm has around 225 million users in India. When country banned high currency notes, Paytm came into action very quickly due to its digital services. Paytm has rapidly increased its market share.
About Paytm Wallet
Paytm Wallet application allow users to book air tickets and taxis. It also offers payment of DTH, broadband and electricity bills. The money transfer feature is available only on mobile app. The app allows you to pay for fuel at Indian Oil petrol pumps. Even you can buy movie tickets at PVR cinemas through the wallet.
Recently, Paytm has started Paytm Bank. In 2015, they received license from Reserve Bank of India to start payment services. It is India’s first payment bank called “Paytm Payments Bank Limited”.
Things to Know About Paytm
- It is the first Indian company to receive funding from Chinese eCommerce.
- It also operates through Paytm payments gateway and Paytm Wallet.
- Paytm owns its payment bank as Paytm payments Bank Limited.
- The company employs over 13,000 employees.
- It has 3 million offline merchant across India.