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Paytm partners with Infosys Finacle

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Capital Market

To power its payments bank business

Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys and Paytm, India's largest mobile payments and commerce platform, announced that the Finacle Core Banking solution has been selected to power Paytm's new payments bank business. Paytm will leverage Finacle's proven platform for its deposit products and payments platform, enabling it to rapidly roll out innovative offerings.

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First Published: Jun 08 2016 | 2:29 PM IST

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