Paytm, announced the unification of bank transfers for clients with 'My Payments'

New Delhi, May 14 One97 Communications Limited, the firm that owns digital payment major, Paytm, announced the unification of bank transfers for its clients with the new 'My Payments' feature on its application.

This will enable Paytm clients to make repeating, high-value payment and other month to month costs in a moment. Using the Paytm app, bank transfers can be done from and to any bank account, making it less demanding for clients to make payments at zero charge, an office which even non-KYC Paytm clients can benefit.

With this new expansion to its multilingual application, Paytm is expecting to process Rs 60,000 crore in month to month bank exchanges alone before the current year's over. The organization is additionally intending to contribute Rs. 5000 crore in its center business, hoping to expand the quantity of exchanges from one billion to two billion this year.

"We have now simplified these payments with 'My Payments' and are expecting six-crease development inferable from this fast move in customer conduct for going cashless. Our clients comprehend that Paytm is something beyond a digital wallet organization and we will keep including all the more such client driven highlights while instructing clients about the comfort they can understanding by using Paytm every day," said Paytm Senior Vice President, Deepak Abbot.