Paytm looks to focus on merchant base to drive next phase of growth

An area which is a big focus for serving merchants is IoT-enabled devices such as Sound Box

Paytm is looking at a comprehensive set of offers for its merchant base in order to drive its next phase of growth, according to two top executives. 

From Internet-of-Things (IoT)-enabled hardware solutions to its Paytm for Business app, the e-commerce and payments firm is engaging more and more with its merchant base. 

“When it comes to P2P (peer-to-peer) and merchant payments, the focus is obviously more on merchant payment. The P2P side of the business is taken care of by the payments bank which is already doing very well. When it comes to merchant payments, you need to create an