💨 Abstract

Paytm, a fintech firm, aims to reinvest in its consumer payments business to recover lost users due to RBI regulatory actions. The company sold its ticketing business to Zomato to focus on payments and financial services. Monthly transactional user (MTU) dropped significantly, but the merchant side saw growth. Paytm is also tapping into the Third-Party Application Provider (TPAP) business model for digital payments services.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖