Paytm Operating Performance Update for Q3 FY 2023
Sustained growth in payments and loan distribution business: Leadership in offline payments strengthens with 5.8 million devices deployed, disbursed Rs 3,665 Cr ($443 million).
Paytm Operating Performance Update for Q3 FY 2023
New Delhi:The India's digital payments and financial services provider, Paytm posted an updated operating performance of the Company for December 2022. The sustained growth in payments and loan distribution business: Leadership in offline payments strengthens with 5.8 million devices deployed, disbursed Rs 3,665 Cr worth of loans in the month of December.
The company also metioned the consumer's engagement at its highest on Paytm Super App with average monthly transacting users at 85 million for the quarter ended December 2022, up 32% y-o-y.
With a focus on creating additional payment monetization beyond MDR, the company focuses on subscription services continues to expand. We continue to strengthen our leadership in offline payments, with 5.8 million merchants now paying subscription for payment devices.
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