Paytm launches ‘pay through wallet’ on top online merchants

Paytm-Logo-NewNew Delhi, India, September 17, 2014: Paytm, India’s largest mobile commerce platform, has integrated the Paytm Wallet with top online merchant sites like Homeshop18, makemytrip, bookmyshow and naaptol amongst several others. The integration facilitates online transactions for Paytm users making them quicker, safer and more convenient. The Paytm Wallet already has over 12 million users across the country with 5 million saved cards since its launch earlier this year.

Amit Lakhotia, VP – Business, Paytm said, “We are committed to provide our customers with maximum convenience by making online payments across sites more seamless and secure. The integration of our Paytm Wallet with these top merchant sites reflects our commitment to do so.”

The RBI-approved Paytm Wallet allows customers to store money in a secure virtual wallet on Paytm and use this credit for transactions on Paytm. The integration with other merchant sites goes a step further and enables shopping and payments directly on other portals as well.

Parikshit Dar, CTO of Bookmyshow, said, “Paytm is amongst the most widely used mobile wallet in the country and our aim behind partnering with the company is to provide convenience to our customers. Integration of Paytm wallet has worked very well for us in terms of user traction and has made a better experience on our site and app.”

Paytm wallet enables the easiest payment experience for its customers that is at par with similar offerings in the west. Buyers can use their Paytm Wallet at any one of the leading partner websites and make payments with increased convenience. Using the Paytm Wallet is not just simpler but also safer as it eliminates the need to repeatedly enter one’s sensitive financial details. By adding money to their Paytm Wallets as a one time exercise, users can pay at any of the top online destinations without any hassles.

© Technuter.com News Service

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