Paytm in India; heres the latest achievement of payment app

earlier this month itself, Paytm became the majority shareholder of the entity formed through the merger of Nearbuy.com and Little Internet

Paytm in India; heres the latest achievement of payment app

In a crucial piece of news for India, the Alibaba backed mobile financial services platform Paytm on Wednesday announced that its app has crossed the 100 million milestone on Google Play Store.

The happening was reported in the second week of December 2017 making the Paytm the country’s first payment app to cross the 100 million downloads mark.

It need be mentioned that earlier this month itself, Paytm became the majority shareholder of the entity formed through the merger of Nearbuy.com and Little Internet.

The new development will provide more trade opportunities for the merchants.

Paytm’s strategic holding in Nearbuy-Little will provide its merchant partners an opportunity to offer deals to acquire new customers and grow their business.

Additionally, Paytm will serve its consumer base by showcasing a large number of exciting deals on its platforms and will further strengthen its presence in the offline commerce space.

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