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Monday, 2 April 2018
Paytm revamps its app to make it more intuitive, aims to increase money transfers
Paytm today has announced that it has revamped its app to make it, even more, user-friendly and intuitive. The revamped app personalizes the app experience for users. Money Transfers are also simpler, and instant transfers from a user’s Paytm Payments Bank account, Paytm Wallet or any other bank account to any bank account at 0% fee. The Passbook which contains account history and Paytm money balance has now been revamped to present all information in a snapshot. Paytm with its revamped app is aiming to see growth in Money Transfers this year. The company has been aggresively promoting users to link their bank accounts for instant transfers using the Paytm app. It also started taking the new KYC norms in its stride and has been able to sustain the growth in transactions. It offers wide-range of transactions including peer-to-peer payments, fee payments, and many others. Paytm has reached a total of 7 Million offline merchants and has achieved 1 Billion transactions per quarter, making it the largest payments service provider in the country. Commenting on the revamp, Kiran Vasireddy, COO – Paytm said: We are very excited to introduce the new revamped interface on Paytm App. In continuation of our constant effort to provide our customers with the best user ...
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