Any competition that grows the payments ecosystem is good for Paytm: Vijay Shekhar Sharma

Any competition that grows the payments ecosystem is good for Paytm: Vijay Shekhar Sharma

Paytm founder Vijay Shekhar Sharma. Photo: Pradeep Gaur/Mint

COVID-19 and growing competition in the Indian digital payments space have thrown new challenges at India’s most valued startup Paytm. The digital payments giant is locked in a fierce battle with the likes of Google Pay, Walmart-owned PhonePe, and the fight is only going to get tougher given the entry of Facebook’s WhatsApp.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter