Paytm (One97 Communications Limited), a payments company serving small and medium enterprises, has launched a completely revamped version of its flagship app. It incorporates AI features to streamline and personalize everyday transactions for users.
It introduces a cleaner user interface with over 15 new features, making payments faster and better for customers across the country, including Non-Resident Indians (NRIs) from 12 countries. The new app is powered by AI, enabling it to understand spending trends, automatically streamline transactions, and provide personalized insights.
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You can get ‘gold coins’ on making payments through Paytm.
Paytm Founder and CEO Vijay Shekhar Sharma said, “We have introduced the new Paytm app with an improved design, a new AI-based experience, and innovations that make it the best payment app. Along with this, we are using AI in payments, where the app understands your spending and automatically manages it.” He added, “We are also giving ‘Gold Coins’ on every payment, which can be redeemed for real digital gold, making every Paytm payment a golden payment.”
The company’s shares closed with a decline on Monday.
Meanwhile, Paytm shares saw a decline on Monday. The company’s shares fell by Rs 15.20 (1.13%) to close at Rs 1331.80 on the BSE. During today’s trading, the company’s shares touched an intraday high of Rs 1352.05 and an intraday low of Rs 1324.95. It should be noted that despite today’s decline, the company’s shares are trading very close to their 52-week high. The 52-week high of Paytm shares on the BSE is Rs 1352.05, while its 52-week low is Rs 652.30. According to BSE data, Paytm’s current market cap is Rs 85,116.37 crore.
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