Alibaba and SoftBank-backed Paytm registered over 137 million UPI transactions in September, becoming the leading contributor to Unified Payments Interface (UPI) payments with over 33% of the overall market share.
One97 Communications Limited, that owns the brand Paytm, is enabling BHIM UPI for offline payments and over five million offline merchants, out of its 9.5 million merchant-base, now accept Paytm UPI.
Source- Times Now
Static/Current Takeaways Important for SBI Clerk Mains Exam 2018-
- Paytm founder– Vijay Shekhar Sharma