Dependency on third parties for some business verticals.Inability to form strategic partnerships or acquire new customers and merchants.Pending litigations against the company, its subsidiaries and directors.Increase in payment processing charges to be paid to financial institutions and card networks.Economic slowdown due to the pandemic and other unexpected major market volatile events. Change in digital payments and online financial services rules and legal compliance parameters.Growing concerns about the safety of online payments and financial transactions.Cut-throat competition from domestic and global tech companies like Google Pay, PhonePe, MobiKwik, etc.The untapped potential of the consumer payment market in India.The surge in digitisation of finance is likely to work to the advantage of the company.Growing demand for fintech players such as Paytm.Network effect leads to low acquisition costs and higher monetisation.The all-encompassing financial services ecosystem.Each transaction provides insights into how Indians spend and save.One of the India’s leading and most trusted payment platforms.Interbank transfers and fixed deposits (Paytm Payments Bank).E-commerce platform for retail goods (Paytm Mall).Some of the most popular services available on the Paytm app include: However, the company has aggressively expanded its service offering to create an all-encompassing digital payment ecosystem. Paytm started as a service for mobile top-ups and other utility bill payments. That said, Paytm has been making efforts to reduce its losses However, the primary reason for the losses is the company's continuous efforts in acquiring new clients and merchants. Over the past decade, the balance sheet has grown manifold. Here is some key fundamental information about the company: Through its payment-led super app, the company provides innovative and intuitive digital products and services.As of June 30 2021, 33.3 crore consumers and over 2.1 crore merchants have registered with it.It offers a wide range of services, such as payments, commerce, cloud and financial.It is India’s leading digital ecosystem for consumers and merchants.Incorporated in 2000, One97 Communications Limited is the parent company of Paytm.Meeting the general corporate requirements.Initiating strategic partnerships and investing in new business initiatives and acquisitions.Providing its customers and merchants greater access to technology and financial services.Strengthening and growing the Paytm ecosystem through customer and merchant acquisition and retention.Reasons for going public and objective of the IPO
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