Paytm, Andhra govt tie up on financial inclusion, health and cyber security

Andhra depts will be empowered to accept digital payments from citizens and businesses. Toll plazas would accept payments digitally under a proposal from the company

One97 Communications Limited (OCL), which owns the Paytm brand, said on the sidelines of the Andhra Pradesh Global Investors Summit 2023 on Monday that it has signed an MoU with the state government in the areas of industrial development, financial Inclusion, public health, cyber security and prevention of financial Frauds.

In sync with its mission of bringing half a billion Indians into the mainstream economy, Paytm plans to empower merchants, street vendors and Chiru Vyaparulu to accept digital payments and give them access to loans on its lending partners. E-government services will be accessible to all users of the payment