Paytm has made a name for itself in India by revolutionizing the payments and finance industry. Having evolved from a small platform for recharging your phone to a comprehensive e-transfer ecosystem, Paytm has played a huge role in India's digital rebirth. In this post, we take a look at the interesting history of the Paytm platform, highlighting its major milestones and the reasons behind its success. More details on Teen Patti online.

This payment platform was started in August 2010 by a person who wanted to change the way people in India recharge their communicator accounts. PlayTM was created as a simple recharge and shopping service that allows customers to recharge their personal smartphones and pay for utility bills through their smartphones.

PayTM download is currently the best in the payments space within India. Realizing the huge potential of e-payments, the platform expanded its services in 2013 by developing an e-wallet. This was a significant milestone in the company's growth journey as users got a chance to store funds digitally and make quick payments for a wide range of products including online shopping, hotel bookings and more. The e-wallet was able to gain instant popularity and is the preferred method of payment for many users.

2016 was a watershed moment for the company and the overall electronic financial settlement industry in India. The local leadership's initiative to eliminate high denomination bills triggered strong growth in electronic payments and Paytm became a leader in this innovative era of cashless payments. The platform has capitalized on the emerging opportunities by continuously expanding its customer base and list of partners directly. You can read more about android app on the portal.

Not forgetting its great success as a platform for electronic payments, Paytm has diversified its existing services by adding a wide range of financial services. Recently, the company launched its first mobile bank, enabling users to make deposit accounts, order plastic cards and make deposits. This move positions Paytm as a complete financial service provider catering to the diverse needs of citizens.