In 2014, the organization launched a Paytm Wallet that became the mobile payment service platform in India. In November 2016, there are more than 150 million users who are using this service. The Paytm wallet becomes a boon at the time of demonetization where a large number of users used this feature. In 2015, Paytm expanded its business by adding some new features like air, taxis and bus tickets booking and also booking of movie tickets. In a very short time period, there are 164 million registered users and more than 90 million monthly transactions.
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