Paytm plans to add one lakh merchants and hire 4,500 employees

Noida based mobile payment wallet Paytm is aggressively planning to ramp up its mobile marketplace by adding over one lakh merchants in one year. It is also planning to rope in 4,500 people across various verticals.

Paytm started as a mobile recharge and bill payment service, is now into wallets and other electronic payment services with RBI-licensed wallet. The company plans to hire 4,500 across verticals and also focusing on SMEs.

Presently, Paytm, is owned by Noida based One97 Communications and headed by Chairman and MD Vijay Shekhar Sharma. It has around 2,000 employees on its payroll and 15,000 sellers on its market place. It started its journey in the year 2010 as a mobile recharge and bill payment service and later started diversifying into wallets and other electronic payment services. See more at: http://www.varindia.com/paytm-plans-to-add-one-lakh-merchants-and-hire-4500-employees/