Now, Paytm is India's largest payment gateway app with over 50% market share. According to Paytm sources, it processes 400 million transactions every month. It has 450 million registered users for the third quarter of 2019 and aims to reach 250 million active monthly customers by March 2020.
As of October 2019, Paytm had 179 million UPI transactions. As a promising company, Paytm has received an investment of 575 million dollars from the Chinese e-commerce company Alibaba Group. Indian businessman Ratan Tata has also made personal investments in Paytm.Paytm intends to begin operations in Canada and other Western countries.
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