Thursday, November 26, 2015

Paytm ties up with Bank of Maharashtra

E-commerce platform Paytm has tied up with Pune Headquartered Bank of Maharashtra to offer mobile wallet top up facility through bank ATMs.
  • Bank of Maharashtra’s debit card users will now be able to make their mobile or utility bills payment or pay for services such as cab fare and more by topping up their Paytm mobile wallets through the bank’s 1800 ATM network.
  • Paytm recently tied up with Miranda stores in Andhra Pradesh from where people can load their mobile wallet. The company tied up with ICICI to allow its users to top up the wallet at a bank branch.
Noida-based Paytm is backed by Chinese e-commerce company Alibaba, SAIF Partners, Sapphire Venture and Silicon Valley Bank.

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