Paytm eyes Rs 3,000 cr enterprise bill payment transactions by FY21-end

Paytm on Monday announced that its Enterprise Bill Payment System (EBPS), a part of Paytm Payouts, is expected to cross Rs 3,000 crore in transactions by FY21-end.

EBPS enables businesses to manage and pay all their utility bills generated across a large number of business locations on a single unified platform, Paytm said in a statement.

“Paytm Payouts’ Enterprise Bill Payment System aims at Rs 3,000 crores in transactions by the end of FY’21,” it added.