Paytm launched an upgraded Payment Platform with Enhanced Security Features; Example of Make in India
8 months ago
Paytm, the Indian payments and financial services platform, has announced the launch of its upgraded payments platform powered by 100% indigenous technology. The new platform is built with hi-tech solutions that are locally built and supported in-house. This platform is a shining example of Atmanirbhar Bharat, which supports the Paytm business to easily scale 10x of today. The upgraded platform can handle up to 10 times the current scale, according to the company. The move is aimed at tapping into the fast-growing digital payment opportunities in India.
According to the Paytm blog, Paytm has been at the forefront of India’s digital revolutions with its technology-led innovations that have empowered users with a ‘Made in India’ payments platform. The platform has been revamped, ensuring that the previous technology platform is upgraded with new-age tech solutions that are locally built and supported in-house. With a world-class platform that can handle 10X of the current scale, we have set a gold standard for fintechs, aimed at handling fast-growing digital payments opportunities in the country. We have been investing heavily in India’s mission of building a trillion-dollar digital economy.
Paytm’s Founder and CEO, Vijay Shekhar Sharma, said that the upgraded platform is a key milestone in the journey of Paytm payment platforms from pioneering new innovations in building solutions for India’s small and large merchants. The upgraded platform is expected to handle fast-growing digital payment opportunities in the country.
Paytm tweets that We are happy to announce the launch of our next-generation payments platform powered by 100% Made-in-India technology. This platform is a shining example for Atmanirbhar Bharat which supports the @Paytm business to easily scale 10x of today!
Ravi Karkara also tweets Huge Mega Congratulations @vijayshekhar
Launch of @Paytm
next-generation payments platform powered by 100% Made-in-India technology. This platform is a shining example for #AtmanirbharBharat