New Delhi: Paytm is recruiting over 20,000 field sales executives across the country ahead of its initial public offering (IPO). move by fintech The flagship comes against the backdrop of stiff competition from several rivals, which include PhonePe and Google Pay.
The new recruits will have an earning potential of around Rs 35,000 per month and will be used to promote Paytm’s entire portfolio including QR codes. Situation machines, Paytm Soundbox As well as other products in the company’s ecosystem, such as wallets, is ihandjob Paytm Postpaid, merchant loan and insurance offerings, the sources said.
While a Paytm spokesperson did not comment on the matter, the Noida-headquartered digital payments major recently launched its field sales executive program aimed at providing employment opportunities to undergraduates.
The company wants to launch its Rs 16,600 crore IPO by October. As of May, Paytm had around 11% market share in UPI transactions, while phone-pe was 45%, followed by Google Pay with 35%, the data showed NPCI. According to the draft prospectus filed earlier this month, Paytm, which was last valued at $16 billion, said it will use Rs 4,300 crore of the IPO proceeds to acquire consumers and merchants.
The new recruits will have an earning potential of around Rs 35,000 per month and will be used to promote Paytm’s entire portfolio including QR codes. Situation machines, Paytm Soundbox As well as other products in the company’s ecosystem, such as wallets, is ihandjob Paytm Postpaid, merchant loan and insurance offerings, the sources said.
While a Paytm spokesperson did not comment on the matter, the Noida-headquartered digital payments major recently launched its field sales executive program aimed at providing employment opportunities to undergraduates.
The company wants to launch its Rs 16,600 crore IPO by October. As of May, Paytm had around 11% market share in UPI transactions, while phone-pe was 45%, followed by Google Pay with 35%, the data showed NPCI. According to the draft prospectus filed earlier this month, Paytm, which was last valued at $16 billion, said it will use Rs 4,300 crore of the IPO proceeds to acquire consumers and merchants.
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