No one carries cash around, right? This dynamic environment has made things so much more simpler that we don’t even need to carry around the weight of mere paper, yes I’m referring to money.
Hey, you owe me 200 bucks, could you return it to me?
Sorry man, I have no cash right now, how about I Paytm it to you?
We love it when everything comes easy to us, don’t we? And this is how Paytm made life simpler.
Paytm is one of the biggest online transaction apps and is the most trusted app in India. It is used to pay your bills to shops, stores and at many more places. Paytm has made transactions simple, secure and fast. Paytm also gives exciting cashback offers which is a great way to market.
It was founded by Vijay Shekhar in August 2010. It started off as prepaid mobile recharge and DTH recharge platform.
India’s telecom infrastructure was improving in 2010 but Vijay Shekhar Sharma’s investors were not confident about the idea of a mobile-first consumer service that would cater to the masses. He personally put 2 million dollars and finally launched the brand. The rest, as we can see is history.
Paytm is an Indian e-commerce website located in Noida, India. It was founded in 2010 with an initial investment of $2 million by Vijay Shekhar Sharma as a prepaid mobile recharge website. Paytm users are benefitted by providing mobile recharges, event bookings, utility bill payments as well as in-store payments such as grocery stores, fruits and vegetable shops, restaurants, pharmacies, tolls and educational institutions with the Paytm QR code.
It can also be used to donate money for flood victims or to any relief camps. In simple words, it is the best platform where one can help the needy. It also contains paytm payments bank which functions like the regular banks. It is a promising app without any fraud.
This way paytm has made its way into the big market and maintained its trade mark over and over again. Well, I use paytm too, do you?