Company’s loan distribution business has an annual run-rate of Rs25,000 crore, and it has a strong belief that there is plenty of room for upsell. It further stated that it is just being cautious about the book's quality (especially given the possibility of macro headwinds).
Paytm’s offline payments leadership strengthens as the total number of devices deployed exceeds 4.1 million.
Company reported that consumer engagement is at its highest on Paytm Super-App with average monthly transacting users (MTU) at 77.6 million for the month of July 2022, up by 41% on a y-o-y basis.
Company witnessed an 82% yoy jump in merchant payment volumes (GMV) for the month at Rs1.06 lakh crore ($13 billion).
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