PayTm is now India’s Largest Digital Payment Company that process over 400 million transactions per month. If you compare this number with other digital payment company in India, it is five times higher.
This One97 owned company, recently shares a blog with us where they reveal these statistics and explain PayTm is now India’s largest Digital Payment Company. In the same blog, PayTm writes they cover 50% of India’s digital transactions alone. Although, we have not any reasons available to not digest this data. As you can see, Some of the major companies in India have integrated their Payment via PayTm. Take IRCTC, Zomato, PVR, Dominos, Big Basket, Jio and many others as examples.
Some of the major offering PayTm provide to these companies include Software Development Kit, Developer API and Check out solutions. If you remember PayTm recently rolls out recurring Payment service for online merchants. This service will help online merchants to set up recurring payment solution if they offer any subscription based service like that.
Other than that, if we talk about Unified Payment Interface or Rupay Card, In this field too, you can find PayTm at the top position.
Some of the other Payment Gateway that competes with PayTm in India are Bill desk, Razorpay, CCAvenue, Paypal and others.