Paytm targets merchant AI SaaS, seeks wallet licence as financial-services revenue rises 45%
Paytm said it will sell in-house AI tools to merchants and businesses, has applied for a PPI wallet licence through Paytm Payments Services, and plans to invest up to Rs 100 crore in Paytm Money. Financial-services revenue reached Rs 814 crore in Q1 FY27, up 45% year on year.
Paytm outlined plans to sell its in-house AI tools to merchants and businesses, applied for a PPI wallet licence through PPSL, and is expanding wealthtech. Q1 FY27 financial-services revenue rose 45%, while merchant and transaction metrics also grew.