Paytm looks to contribute ₹500 cr to PM-CARES Fund

Digital payments company Paytm on Saturday said it aims to contribute ₹500 crore to Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES).

For every contribution or any other payment made on Paytm using the wallet, UPI and Paytm Bank debit card, the company will contribute an extra up to ₹10, Paytm said in a statement.

“We are honoured to do our duty to aid the government in all the relief measures being taken to fight the Corona pandemic. We hope our users wholeheartedly donate to PM CARES fund and help save lives,” Paytm President Madhur Deora said.