Paytm exceeds $4b in monthly gross transaction value

Paytm says the average transaction value has increased by 200% and the number of mobile app downloads by 300%. Photo: Bloomberg

One97 Communications Ltd, which owns and runs payments app Paytm, claims to have breached the $4 billion in monthly gross transaction value. The number of transactions also peaked to 1.3 billion in June, the company said on Monday.

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