It also charges customers convenience fees. Paytm earns money through transaction fees and take-rates charged to merchants based on the percentage of GMV, which is a key revenue driver for the company. The company only has a 14 percent share in monthly UPI transactions although it remains the third-largest player.įor the merchant ecosystem, Paytm enables payments through its flagship payment gateway, all-in-one QR codes, Soundbox and point of sales (PoS) machines. UPI has led the digital payments adoption in India, but it has a very small share of transactions through Paytm Payments Bank. The company’s customers have a choice of payment instruments including Paytm Wallet, Food Wallet, bank accounts, Fastag, Buy Now Pay Later (BNPL) and equated monthly installment (EMI) options apart from cards. Paytm’s market share in overall mobile payments transactions is about 40 percent it addition, it has a market share of 65 to 70 percent in wallet payments transactions, according to RedSeer. According to RedSeer data quoted in its share sale prospectus, the company is the largest payments platform in India with a total gross merchant value (GMV) of over Rs 4 lakh crore in the last financial year Paytm has payment offerings for both customers and merchants. This mission is going to change India: IPO-bound Paytm's Vijay Shekhar Sharma MC Interview| I cannot tell you how elated I am. The revenue from these businesses is Rs 2,109 crore. Payment and financial services together are the largest contributor to Paytm’s revenue, making up 75 percent of financial year 2021 revenue. The company’s total revenue from operations in the financial year 2021 was Rs 2,802 crore across businesses. The Paytm app serves as a super app for customers, allowing them to make online and offline bill payments, money transfers, access e-commerce offerings, ticketing services, Paytm Payments Bank and make investments, buy insurance or gold or take loans and get credit cards. Overall, the company has 120 million annual transacting users and 22 million merchants on its platform and a total of 337 million consumers. One97 Communications Ltd, has three key business segments – payment services, commerce and cloud services and financial services. The IPO will open on November 8, followed by a listing expected to value the company at an impressive $20 billion.Īhead of the IPO, Moneycontrol takes a look at what exactly is Paytm’s business model and what are its revenue streams. Paytm, founded by Vijay Shekhar Sharma, is set for a Rs 18,300 crore initial public offering (IPO), India’s largest. Most Indian consumers’ association with Paytm started with the company’s wallet, which made digital payments easier way before the Unified Payments Interface (UPI) was even conceived.Įven today, many Indians identify Paytm as a digital payments company although it has grown its business across e-commerce and financial services.
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