Paytm rivals Google Play Store, launches its own mini app store
Paytm has played its big move in the battle against Google’s Play Store with the launch of its Android Mini App Store for Indian developers. These mini-apps will not be full-fledged apps per se but rather be web apps that are basically websites that act like native apps. Paytm claims that these apps will also help users save their data and memory.
In-app payment options include Paytm Wallet, Paytm Payments Bank, and UPI at a zero per cent fee which gives new software developers an added incentive. However, there is a 2 per cent charge (plus GST) levied by the company when payment is made using a credit card, debit card and net banking.