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How do these guys make money (or plan to) ? I know PayTM is trying to be a market place but I'm wondering if there are other ways they make money.
by option_greek 11y ago
How do these guys make money (or plan to) ? I know PayTM is trying to be a market place but I'm wondering if there are other ways they make money.
- achow 11y agoOne straight forward (and older) way is to charge commission from the retailers. The digital wallets in India started with recharging balance for prepaid mobiles. When somebody recharges, Paytm and its ilk charges commission in the range of 2-5% from the Telcos.