Introduction of Paytm

Hello guys,
Today i am going to talk about Paytm What it is ? What it Works ? and Why Paytm ? Did You Know the Meaning of Paytm ? Did You by Which Country Paytm is Developed ? If you don't know and want to know the answers of this questions then you are at the right place.

Paytm means "Pay Through Mobile".

Paytm is India’s largest mobile commerce platform. Paytm started by offering mobile recharge and utility bill payments and today it offers a full marketplace to consumers on its mobile apps. We have over 20 million registered users. In a short span of time Paytm has scaled to more than 15 Million orders per month.

Paytm was founded and incubated by One97 Communications in 2010 as a prepaid mobile recharge website. The name Paytm is supposedly an acronym for Pay Through Mobile. Today, it is India's most popular online destination for prepaid mobile & DTH recharges and shopping, and its Android and iOS apps have been ranked among the most popular apps. In only 3 years since the founding, the company created a user base of 25 million wallet users and 3 million app downloads.

Description
Meaning            >>     Pay Through Mobile
Developed By    >>      Vijay Shekhar Sharma
Owned By          >>      One 97 Communication
Country             >>      Inida
City                    >>      Noida, Utter Pardesh
Year                   >>      2010
Area Served       >>       Only in India
Industry Type    >>        E-Commerce
Visitors              >>       99.1% in India
Users                 >>      20 million
App Download   >>       7 million
Orders                >>      15 million per month
Ranked               >>       209 India
Web Address     >>        www.paytm.com
Services
In 2014, the company launched Paytm Wallet, India's largest mobile payment service platform with over 40 million wallets. The service became the preferred mode of payment across leading consumer internet companies such as Uber, Bookmyshow, Makemytrip. The company was the first digital wallet in India to allow transfer to bank account.

Partners
Paytm works with all mobile operators in all states in India for prepaid mobile, DTH and Datacard recharges and postpaid mobile, landline and Datacard bill payments. Its partners with the multiple national banks, for credit card, debit card and netbanking payments. Paytm also works with various billers for utility bill payments.

Awards
* In 2012, Paytm was recognized as the ‘Most Innovative Startup of the Year’ at the Entrepreneur India event organized by Franchise India. In 2013, the company received several awards, such as Knowledge Faber Best Mobile Wallet Program Award, a special mention in m Billionth Awards in mCommerce/mBusiness category, and MMA Smarties Award for mCommerce.

* In 2014, Paytm App featured in Apple App Store’s Best of 2014 in the Mobile/DTH Recharge & Shopping Category. The company also won or was in the competition for Indian Express IT Award in Mobility Solutions 2014, finalist at the international Meffys in Consumer Trust category, Gold Winner at the MMA Smarties in the Mobile App category, Silver Winner at the MMA Smarties in the mCommerce category, recognition among Delhi/NCR’s Top 50 Brands at a celebration by Paulwriter, and the Best Mobile Money product at the 4th India Digital Awards.

* In 2015, the company also received several awards, such as the Most Innovative Company of the Year 2014 Award at Business Standard Awards, Future Leaders at the NASSCOM Future Leaders event, Smart Innovators of 2014 at the Inc. India Awards, the Best Wallet Award at IAMAI’ India Digital Awards in Delhi on 15 January 2015. Company's CEO, Vijay Shekhar Sharma, was recognized among the most Innovative CEOs of 2014 by Inc India.

    2014 – Paytm App is a finalist at the international Meffys in Consumer Trust category
    2014 – Paytm is Gold Winner at the MMA Smarties in the Mobile App category
    2014 – Paytm is Silver Winner at the MMA Smarties in the mCommerce category
    2014 – Paytm gets recognized among Delhi/NCR’s Top 50 Brands at a celebration by Paulwriter
    2014 – Paytm wins the Best Mobile Money product at the 4th India Digital Awards
    2013 – Paytm wins Knowledge Faber Best Mobile Wallet Program Award
    2013 – Paytm wins a special mention in m Billionth Awards in mCommerce/mBusiness category
    2013 – Paytm is Gold Winner at the MMA Smarties for mCommerce
    2012 – Paytm is recognized as the Most Innovative Startup of the Year at the Entrepreneur India event organized by Franchise India

Funding
Paytm got a major boost in e-commerce when Indian industrialist Ratan Tata made personal investment in the firm in March 2015. In the same month, the company a $575 million investment from Chinese e-commerce company Alibaba Group, after Ant Financial Services Group, an Alibaba Group affiliate, took 25% stake in One97 as part of a strategic agreement.

Paytm is the consumer brand of India’s leading mobile internet company One97 Communications. One97 investors include SAIF Partners, Intel Capital and SAP Ventures.

Making stuff easy and intuitive is not our only goal. In addition to usability, we strive to create accessibility, convenience and credibility. Simplicity reflects in our home page design and this mantra has been followed throughout the site and our apps.

The world is increasingly mobile: people want access from wherever they are, whenever they need it. At Paytm, you have the option of recharging and shopping from whenever, anywhere and are equipped with a secure online wallet called Paytm Cash.