Paytm founder looks back at ‘humble beginnings’

Paytm has often been attributed as one of the first companies in India which pioneered the digital payments ecosystem. One of the few successful payments methods was the introduction of QR code. This method allows users to just scan a small sign to pay the desired amount via Paytm.

The company’s founder Vijay Shekhar Sharmretweeted an image of the first shop that had adopted the company’s QR code payment method. The tweet by Kumar Aditya, the Senior Vice President – Paytm QR Business claims that it was the first QR enabled store in India. Sharma, in response to the tweet stated, “every revolution has a humble beginning.” According to the tweet, the technology was first adopted by this shop in September 2015.