The country’s largest mobile wallet provider Paytm has got into a strategic tie-up with Florida-based global provider dedicated to banking and payments technologies FIS Global.
The deal size would be worth close to Rs 150 crore over a period of five years. FIS, a Fortune 500 company, would help Paytm with core banking system.Paytm payments bank would set up nearly 20 signature branches. In addition, there will be 200 smaller store-like branches and at least 1,000 agents
Extra info:
- Paytm is an Indian e-commerce shopping website headquartered in Noida, India, launched in 2010.
- It is owned by One97 Communications The firm started by offering mobile recharging, adding bill pay,Founder by Vijay Shekhar Sharma.
So lets do:
- Who is the CEO of PAYTM?
Source – The Hindu
