They make their way in to the Market – Paytm

You may heard about internet banking, shopping through credit cards, debit cards and may be with gift coupons too. But apart from that “Paytm” is a different one which revolves around the e- commerce world now a days. It a golden period of e-commerce in India starts around the year 2010, from which the online selling sites like Ebay, Snapdeal, Flipkart, Amazan are eyeing the mammoth Indian market. So they sell the products in cheap rate by cutting the brokerages. And it also gives mutual benefit for manufacturer and buyer too. By that, the whole e-commerce websites depends on the online transactions, even though the COD (Cash on delivery) is there. Because COD is not applicable for some products like software related and service related. On 2010 Paytm was founded by Vijay Shekhar Sharma        in Noida, India. One97 is the parent company of it.

Paytm Enters the Market:

Around the same period the “Paytm” enters in to the mobile ecommerce which the mobile users can used to do recharge, top-ups, mobile bill payments like that. After a few months or a year so, the mobile app getting more popular among the android, ios mobile users because of its instant accessibility and offers provide on Paytm. Gradually Paytm expands its wings to capable of doing every bill payments like DTH bill payments, Electricity bill payments, Gas bill payments, Postpaid mobile bill payments, Datacard bill payments, Landline bill payments etc.

Paytm as a virtual bank:

Then people start using the Paytm as a virtual bank, they just transfer their money into the paytm wallet through online transactions. And use that for payments. So now the most android, Ios mobile users use this virtual bank for there purchases.

The Paytm now enters in to the e-commerce goods selling other than recharges, DTH, Electricity bills etc. It also sells mobile phones, Apparels, Electronic goods, Home appliances, jewels, men’s foot wears, Women’s foot wears and etc. 

They make their way in to the market – Paytm.

Peoples also love to deal with paytm because, it always provide some offers on recharges, bill payments and buying products. That offers act like a magnet to attract customer toward it. Yes, no one loves to lose an offer on behalf of spending money. Now in this e-world Paytm plays a smart role to simplify the burden of the buyer. As well as it gets the profit by the way of commissions.