Paytm boosts offline payments leadership with 6.8 million devices, GMV grows 40%

Leading payments and financial services company Paytm on Wednesday said it has achieved a new milestone in offline payments with 6.8 million devices deployed, while consumer engagement is the highest on the Paytm Super App at 90 million average monthly transacting users.

The merchant gross merchandise value (GMV) for the quarter (for three months ended March 2023) grew 40% YoY to Rs 3.62 lakh crore ($44 billion).