Home Retail Paytm processes sales of Rs 220 crore at retail partner outlets

    Paytm processes sales of Rs 220 crore at retail partner outlets

    By  
    SHARE

    Digital payments platform said it has processed sales of over Rs 220 crore at retail partner outlets during its four-day campaign.

    Paytm processes sales of Rs 220 crore at retail partner outlets
    The Alibaba-backed company registered three-time surge in payment transactions across offline partner stores during its 12/12 Cashfree Festival

    The Alibaba-backed company registered three-time surge in payment transactions across offline partner stores during its 12/12 Cashfree Festival, processing over Rs 220 crore in retail sales at partner stores during four days (December 9-12).

    The company was processing over 3 lakh transactions per day in offline retail transactions worth around Rs 15-16 crore before the event, a company spokesperson said.

    “During the festival, we processed more than one million transactions every day worth close to Rs 55-60 crore,” she added.

    Paytm had partnered with several major offline stores including , , Spencer’s, , , , , and among others.