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company profile
Paytm company
Gautam Kumar
September 15, 2020 07:09:03 PM
5 minutes
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Paytm company
Paytm
is
currently
available
in
11
Indian
languages
and
offers
online
use-cases
like
mobile
recharges,
utility
bill
payments,
travel,
movies,
and
events
bookings
as
well
as
in-store
payments
at
grocery
stores,
fruits
and
vegetable
shops,
restaurants,
parking,
tolls,
pharmacies
and
educational
institutions
with
the
Paytm
QR
code.[5]
California-based
PayPal
filed
a
case
against
Paytm
in
the
Indian
trademark
office
for
using
a
logo
with
a
similar
color
combination
to
its
own
on
18
November
2016.[6]
As
of
January
2018,
Paytm
is
valued
at
$10
billion.
It
is
planning
to
launch
its
initial
public
offering
(IPO)
in
2022.[7] As
per
the
company,
over
7
million
merchants
across
India
use
this
QR
code
to
accept
payments
directly
into
their
bank
account.[8]
The
company
also
uses
advertisements
and
paid
promotional
content
to
generate
revenues.
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