Wednesday, 3 May 2017
PAYTM – A New Mall & Bazaar Concept “PAYTM MALL”
Paytm a fin tech E-commerce in India, Owned by One 97 Communication Limited , has become one of the big market in itself providing A-Z services to customers all over the world suitable for all mobile users (i.e android, windows and Ios). It now covers all most all the spectrum of E-commerce Industry with its wide range of service base such as mobile recharge , on line payment of bills , shopping on line with products similar to other well-known E-commerce giants like Amazon, Flipkart etc. , Movie tickets booking on line , Booking travel tickets on line , Mobile marketing , Downloading music and videos on line , Etc.
Paytm has expanded itself in E-commerce segment with launch of “Paytm Mall”. Paytm Mall is a unique Mall & Bazaar Concept taken from its giant peer Alibaba. Paytm Mall has around millions of certified seller with various products offered belonging to wide categories like fashion, electronics, home furnishing etc. All the products offer on Paytm Mall are highly quality certified and also goes through certification of warehouse and shipping channel of Paytm ensuring customer satisfaction.
Link to Paytm Mall - (https://paytm.com/shop)
Paytm Mall the online market place is available presently on all android phones and will soon come up with IOS. Here you can make the payment using Paytm wallet and also it accepts payment through debit card, credit card and netbanking. Thus along with initial facilities of buying , booking and renting through Paytm Wallet users can also shop the largest assortment of domestic and international products through Paytm Bazaar, which will also be featured on the new app.
Thus Paytm which has acquired the license of payment bank from RBI is on its path to expand and make a wider customer base before actually featuring out its Payment Bank. Thus in long run it shall be a unified link of payment bank and e-commerce thus making customer shopping experience a fun, trusted and wide selection of products zone with an easy payment option all at one place.
The concept of digitalizing India has benefited Paytm in becoming the most acceptable and known brands in E-commerce segment. The current customer base of Paytm stands at ~ 200 million users with expansion of 7 lakh users each day. This shall add up to around `700-750 million users by 2020 being the target of Paytm owners.
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