Paysafe Group, a global payments provider, announced on Tuesday it is partnering with Paytm Canada to extend the payment options their customers have to securely and easily use their smartphones to pay for goods and services.
According to Paysafe, Paytm Canada launched its first consumer-facing mobile application allowing its consumers to pay bills from more than 5,000 service providers on its network using multiple payment options, with no fees and allowing its customers to earn cash back and other rewards through their smartphone in March 2017. Consumers are now able to redeem Paytm Points towards free or discounted e-gift cards from popular brands like Uber, Boston Pizza, Skip the Dishes, Tim Hortons, ESSO, Indigo, and many more. On November 8, 2018, the Paytm Canada app was listed as the number one finance app in Canada on both the Google Play Store and Apple App Store.
Paysafe is also processing payments for Paytm Canada, as well as providing additional data protection and security services, APIs and its payment gateway. Paysafe noted that this is the beginning of a close collaboration between both companies, as they will continue to look for ways to strengthen their partnership and to bring more value to Paytm’s customer base. Carla Erlick, SVP for Paysafe’s ISV Channel, Payment Processing North America, stated:
“Providing customers with a seamless mobile payment experience is central to what we do. We’re pleased to be enabling more ways in which Paytm Canada’s customers can pay with ease through their mobile application knowing their payment is secure. In offering our payment solutions to businesses like Paytm, we are able to help them in enhancing their customer experience in both existing and new markets.”
Harinder Takhar, CEO Paytm Canada, went on to add:
“Paysafe’s credibility and experience in providing secure and global payment solutions has always been a source of great confidence to us. Paysafe has worked with us as a true partner and their customer on-boarding and support services have made it a seamless process for us. Plus, with the amazing spike in popularity of our app in Canada, we are even more assured we have the right partner on our side.”