On Tuesday Paytm , Indian mobile commerce firm announced that it is going to introduce cashless payments for more than 10 educational institutes, under which it will provide fee payments and regular purchase cash free for both students and parents. Students would be allowed to pay their school fees, cafeteria bills, uniforms bill, books bill etc through Paytm wallet.
Via emailed statement, Vijay Shekhar Sharma, Founder and CEO, Paytm
, said that the firm will aggregate and offer various online courses on Paytm in the future. “Since this segment involves children, the advent of cashless purchases and payments obviates chances of theft and misplacement that often come while carrying cash.”
Paytm further added that it has tied up with Vidyamandir Classes, Made Easy, Career Launcher, Jamboree, Primus Public School in Bengaluru, Swaminarayan Gurukul Vidyalaya, IIT Mandi, Universal Education Trust, KN Modi University, and Delhi Public School. Paytm will soon tie up with IITs, IIMs, central and state universities after further discussions.
Latest posts by Jahnavi Pathak (see all)