PAYTM TO LEVERAGE THE POWER OF INDIA STACK |
| Mr.Vijay Shekar Sharma,Founder & CEO. |
PayTM announced it would have deep integration with India Stack to
leverage the platform's Open Stack Technology & ensure the best possible
experience for its customers & merchants. The Company has implemented
India Stack components like eSign &eKYC to ensure great scalability for its
mobile payments & commerce solutions.
PayTM is India's largest mobile payment & Commerce Platform.With the
current use of about 160 million,PayTM is on a mission to make India
a cashless society.
Speaking to media,Mr.Vijay Shekar Sharma,Founder & CEO ,PayTM
said,"we will leverage the power of India Stack starting from Aadhar
to UPI to Digilocker in our upcoming Payments Bank.This will allow
us to offer cost effective services to Indians& bring us closer to our goal
of bringing half a billion Indians to the mainstream economy".
What's keeping Paytm's Vijay Shekhar Sharma busy these days? ... starting from Aadhar to UPI to DigiLocker in our upcoming Payments Bank.
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These large denomination currencies have resulted in a number of ill effects upon the economy. To increase overall transparency in the economy, it is important that we set into motion long term schemes to encourage digital payments so that tax evasion can be minimized.
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