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    News in brief

    Paytm aims to sign up 4m stores in India for mobile payments

    News in brief

    Indian mobile payments platform Paytm plans to double its in-store merchant acceptance to four million locations this year, the company’s CEO has told Economic Times. “This year, we will be present offline in every nook and corner,” Vijay Shekhar Sharma said. “Our offline payments will become as big as our online payments.” Paytm users can complete in-store transactions by scanning a code with their mobile phone.The company is also currently trialling sound-based payments.

    Filed by Email Rian Boden Published • Last updated 14 March 2016, 17:20

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