India’s largest mobile wallet goes global, launches app in Canada


India’s largest mobile wallet, Paytm, has launched in Canada. Users can now pay their cell phone, cable, internet, water and electricity bills as well as their insurance and property taxes via the Paytm Canada app.

This is the Alibaba-backed company’s first foray into the international market.

However, in 2014, it had set up Paytm Labs, its R&D division, in Toronto and continues to operate a team of 55 data scientists and engineers there.

The app was unveiled by Toronto Mayor John Tory and Paytm Founder and CEO Vijay Shekhar Sharma on Thursday. It is now live on Google Play Store and iTunes. …

More about Paytm, Fintech, Innovation, Startups, and Canada …read more

Via: Mashable: Apps & Software

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