Paytm today announced that its Android app had crossed
the 50 million installs landmark on Google Play Store in the second week of
November 2016. With this, Paytm’s android user-base has now grown to over 75
Mn.
the 50 million installs landmark on Google Play Store in the second week of
November 2016. With this, Paytm’s android user-base has now grown to over 75
Mn.
Paytm has worked with several OEM Partners and 3rd Party
App Stores to drive an additional 25 Mn android app users. Its steady iOS,
Mobile Web and Desktop users take its overall consumer-base to over 150 Mn. The
company has also touched a record 5 million transactions a day and is on the
way to process over Rs. 24,000 Crores, more than any other payment network in
the country.
App Stores to drive an additional 25 Mn android app users. Its steady iOS,
Mobile Web and Desktop users take its overall consumer-base to over 150 Mn. The
company has also touched a record 5 million transactions a day and is on the
way to process over Rs. 24,000 Crores, more than any other payment network in
the country.
Speaking on the announcement, Deepak Abbot, Senior. Vice
President- Paytm said, “Reaching the 50 million downloads mark is a testimony
to the efforts of the incredible team at Paytm. This achievement will offer us
a strong boost as we work towards our target of bringing half a billion
consumers on our platform.”
President- Paytm said, “Reaching the 50 million downloads mark is a testimony
to the efforts of the incredible team at Paytm. This achievement will offer us
a strong boost as we work towards our target of bringing half a billion
consumers on our platform.”
Paytm is charting the next chapter in the evolution of
the country’s app ecosystem with the Paytm Super app. Over 850,000 offline
merchants across India accept Paytm as their preferred payment mode. Paytm is
accepted literally everywhere such as taxi, autos, petrol pumps, grocery shops,
restaurants, coffee shops, multiplexes, parking, pharmacies, hospitals, kirana
shops, newspaper vendors and many more. Paytm can also be used to pay at
thousands of apps & websites for services like recharges and bill payments,
movie tickets, travel bookings, food ordering and shopping.
the country’s app ecosystem with the Paytm Super app. Over 850,000 offline
merchants across India accept Paytm as their preferred payment mode. Paytm is
accepted literally everywhere such as taxi, autos, petrol pumps, grocery shops,
restaurants, coffee shops, multiplexes, parking, pharmacies, hospitals, kirana
shops, newspaper vendors and many more. Paytm can also be used to pay at
thousands of apps & websites for services like recharges and bill payments,
movie tickets, travel bookings, food ordering and shopping.
Within a year of launching its Online-to-Offline (O2O)
payment solution, Paytm has emerged as the fastest growing QR Code-based POS
network in the country. Backed by a large payment ecosystem of customers and
merchants, the company registered a 700% increase in overall traffic and 1000%
growth in the amount of money added to the Paytm account over the last couple
of days. During this period, the transaction value continued to be 200% of the
average ticket size while the number of app downloads went up 300%. The number
of transactions per user also went up from 3 transactions to over 18
transactions in a week. This point to a strong set of repeat customers Paytm
has now acquired.
payment solution, Paytm has emerged as the fastest growing QR Code-based POS
network in the country. Backed by a large payment ecosystem of customers and
merchants, the company registered a 700% increase in overall traffic and 1000%
growth in the amount of money added to the Paytm account over the last couple
of days. During this period, the transaction value continued to be 200% of the
average ticket size while the number of app downloads went up 300%. The number
of transactions per user also went up from 3 transactions to over 18
transactions in a week. This point to a strong set of repeat customers Paytm
has now acquired.
Paytm has partnerships with hundreds of thousands of
outlets across various categories. Some of its major offline partners include
Future Group, More, Big Bazaar, Spencers, eZone, Croma, Fortis Health World,
Indian Oil, Hindustan Petroleum, Mother Dairy, WHSmith, Haldiram’s, Vaango,
KFC, Pizza Hut, Barista, Costa Coffee and many more.
outlets across various categories. Some of its major offline partners include
Future Group, More, Big Bazaar, Spencers, eZone, Croma, Fortis Health World,
Indian Oil, Hindustan Petroleum, Mother Dairy, WHSmith, Haldiram’s, Vaango,
KFC, Pizza Hut, Barista, Costa Coffee and many more.
