Paytm will launch Instant Messaging App | Paytm App. Paytm will launch instant messaging app now. Electronic payment and e-commerce company is preparing to launch the PayTM messaging service. In the current round, any institute in India is not such an instant messaging app that can compete with WhatsApp and messenger.
According to sources, by the end of this month, Whatsapp will able to present this app to fight WhatsApp and messenger. Significantly, PayTM has many big investors who can invest for it. Among the investors, from softbank to the biggest e-commerce company, Ali Baba.
According to reports, users can send audio, video, photos and text to PayTM messaging platform. At present there is more than 225 million customers across the country. While Instant Messaging Whatsapp has more than 1 billion users. The challenge is bigger.
Since PayTM is an e-commerce website. It is possible that the company will also have an option of online shopping and recharging in its instant messaging platform. That is, from ordering food to it, can given the convenience of volley tickets and bill payments.
There are also some instant messaging apps in India that are popular in the country. However their userbase is not much. For example, an increase in users in Hike Messenger can be seen. Recently the company has announced to launch payment service in its messenger app.
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Whatsapp, which is an instant messaging app, can now be available to Indian users in the form of online payment tools. It has revealed from several reports that WhatsApp will sign a contract with the UPA for this and will provide transaction services on its platform. Paytm has not officially said anything about this development. It is not clear whether it will launch a special app or this feature will added via the update in the existing PayTM app.
However, if that’s the case, then this is a big challenge for the company. Because there is a large number of its competitors here and their hold is much more all over the world including India.