Paytm EBPS set to process Rs 3,000 crore worth of transactions in FY21

Mumbai: Paytm’s enterprise bill payment solution is set to process transactions worth Rs 3,000 crore in the ongoing fiscal year, the Noida-based fintech firm said.

Part of Paytm’s payout business, the Enterprise Bill Payment System (EBPS), allows businesses to pay their utility bills through a single unified platform.

“Instead of spending their time and effort on the exercise of managing bill payments, EBPS offers companies the chance to cut costs and focus on their business growth,” said Saloni Malhotra, vice president at Paytm.