Paytm Money – Now you can Invest in Mutual Funds using Paytm Money
Paytm Money – Paytm Mutual Funds
Paytm Money: India’s leading mobile wallet and e-commerce payment company Paytm to enter into the Mutual Funds. It’s e-commerce service “Paytm Mall” providing users the choice to purchase top products from over 1 lakh registered sellers. In addition to this, Paytm has changed the way we pay through its Digital Wallet and Bill Payment service on the Paytm App.
The company also provide services to book Fights, Trains, Buse, and Movie Tickets. Apart from these services, Paytm also lets you buy Gold online with Paytm Gold. The Gold is of 999.9 purity level (MMTC-PAMP) and the delivery service is very trustworthy. Paytm has recently introduced Forex Services with top 20 International Currencies. The Paytm Forex Service lets you load about $250,000 into the forex card in a financial year and purchase up to $3000 in currency notes. The Paytm Mall reached new heights after receiving funds from the Chinese Multinational Conglomerate, Alibaba and Japanese Conglomerate, SoftBank.
Now, Paytm is all set to enter in the Mutual Funds Market with Paytm Money. Now you can Invest in Mutual Funds using Paytm Money. The service is currently in beta stage by the employees and should be available to the public by the end of August. However, you can register for an early access to Paytm Money.
The product is expected to tie up with Axis, HDFC, IDFC, ICICI, and Kotak. According to reports, Paytm Money has already registered close to half a million subscribers. The Paytm Money App to be a free app available on Google Play Store and Apple App Store for free. The Paytm Money will be providing cheap purchase of mutual funds as the platform will be selling direct plans instead of distributor plans which cuts the commission of the distributor thus reducing the price. Get Early Access for Paytm Money HERE.