The payment platform Company – Paytm has decided to launch a ‘Paytm Mall.’By the help of this, they plan to make the Paytm Wallet part of its payments bank. The Money Wallet – Paytm gets separate from the e-commerce division.
Earlier, there were reports that Paytm company was planning to get Alibaba, its investor to raise $200 Million. Alibaba has also invested in Snapdeal and was planning to be a standalone business entity in the country in 2016.
On 27th February 2017, the company had launched the Paytm Mall app with categories like furnishing, electronics, fashion, etc. while the app marks a separation for the Paytm wallet and the shopping, its features and user experience remain same.
According to a blog post that Paytm app was updated on Friday. The updated app boasts of giving users a faster response as well as providing a better user experience. Paytm app has also added new and improved features. The app highlights various fields on different bills and helps the user find the relevant information on their bill.
New Paytm Mall app also similar to the main Paytm app in terms of functionality. On the navigation panel, there is a ‘Mall’ button. If users tap it to get to the feature they get to experience the app similar to a main Paytm app. On Monday, the payments platform company made an announcement that it has marked 200 million wallets. It is possible the company wants to focus on its latest app. The indication turns to the mall going to disappear from the main Paytm app.
On Monday, Paytm made an announcement that it has marked 200 million wallets. Now, It is possible the company wants to focus on its latest app. The indication turns to the mall going to disappear from the main Paytm app.
