Paytm Labs Inc. fulfilled $2 million in the first three months since their Paytm Canada app launch

TORONTO, June 26, 2017 /CNW/ - Paytm Labs Inc. announced today that they have successfully completed $2 million worth of bills paid through the Paytm Canada app in the first three months since the app was launched.

 

"We are noticing that customers are coming back for the convenience that we offer for their bills to be paid on time, and from one location," said Harinder Takhar, CEO Paytm Labs Inc. "People love that they can view all of their bills with their due dates in one place. It doesn't get any easier than taking a picture of your bill, so that it is added into the app for you."

The Paytm Canada app is available on both iOS and Android in the Canadian app stores.

About Paytm Labs Inc.
Paytm Labs, located in Toronto, Canada, is the research and development division of Paytm. Since 2014, the Company has used big data, artificial intelligence and machine learning on Paytm's data assets to build strong products for over two hundred million consumers. The Company recently entered the Canadian market with the launch of the Paytm Canada app in March 2017.

About Paytm
Paytm is India's largest mobile payment and commerce platform. With their current user base of over 200 million, Paytm is on a mission to bring half a billion Indians to the mainstream of the economy using mobile payment, commerce and recently launched payment banking services. The Company is privately held, and has approximately 5,000 employees across India.  

SOURCE Paytm Labs Inc.

For further information: Naqiyah Rampuri, (416) 728-4346, naqiyah@paytm.com


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