Paytm attracts more Gen Z users as its UPI payments growth outpaces industry

Short summary

Paytm's AI-powered app enhancements are drawing Gen Z users, with UPI payments growing at more than double the industry rate. Consumer UPI Gross Transaction Value rose 45% year-on-year and Monthly Transacting Users increased by six million. The growth contributed to another profitable quarter for the company.

• •Paytm's AI features attracting Gen Z users
• •UPI payments growing at double the industry rate, GTV up 45% YoY
• •Growth contributed to another profitable quarter

Generated with AI, which can make mistakes.