Paytm is an e-commerce payment platform which also provides you digital wallet to keep your money. The parent organization of this platform is One97 Communication Ltd. This platform offers you to send and transfer money with the help of just email. It will take a few percents of the amount, you are transferring to anyone. But while you are receiving the money, it won’t deduct any money as the commission. Priorly, it was just a money transferring platform. But now, it has become an e-commerce website. You can buy many things through Paytm. With that, it also provides you with a lot of features. Like, you can recharge your mobile numbers through it, book train as well as a movie ticket. Other than these, you can easily pay your electricity bill with just a few clicks. If you are using Paytm, then there are a lot of deals for you.
Over 7 million merchants are registered on Paytm. It has spread very wide and quickly. A lot of shop owners or restaurants accepts Paytm and are using its QR code. So when you go out to buy something or eat at a place, then you can easily pay for that through this. You just have to scan the QR code which is possessed by the shop owner. The main advantage of this feature is that the amount will directly be sent into their bank account.