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Paytm records strong growth, deploys 87 Lakh devices
The Business Guardian
|September 06, 2023
The top payment and financial services provider in India, Paytm, revealed its business operational results on Tuesday for the two months that concluded in August 2023.
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The company has announced average monthly transacting users (MTU) at 9.4 crore for the quarter to date (average for July and August 2023), up 20% on an annual basis, signaling a strong expansion in its customer base. Merchant Payment Volumes (GMV) for the month of July and August stood at Rs 3 lakh crore (USD 36.3 billion), with a growth of 43 per cent on yearly basis.
This story is from the September 06, 2023 edition of The Business Guardian.
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