At a road side stall in Kolkata, India, in January. Paytm wants to attract people in India to use a messaging service embedded in its payments app, which many already use to buy everything from food to plane tickets. — Reuters
MUMBAI: India's leading digital payments firm Paytm plans to launch a messaging service by the end of this month to compete with Facebook Inc's WhatsApp, a source familiar with the matter said on Aug 1.
Paytm, which is backed by Japan's SoftBank and China's Alibaba, wants to attract people in India to use a messaging service embedded in its payments app, which many already use to buy everything from food to plane tickets.
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