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Paytm merchant subscriber base for payment devices reaches 1.17 crore

Paytm’s user base continues to expand, driven by growth in its payment and financial services offerings. In Q3 FY25, the company processed a Gross Merchandise Value (GMV) of ₹5 lakh crore, marking a 13 percent quarter-on-quarter (QoQ) increase.

Paytm Soundbox

Paytm’s merchant subscriber base for payment devices grew to 1.17 crore, with 5 lakh new additions during the quarter. This reflects its success in acquiring and retaining users through robust customer and merchant-focused initiatives.

Additionally, Paytm’s financial services revenue surged by 34 percent QoQ to ₹502 crore, supported by increased loan distribution.

The company disbursed ₹3,831 crore in loans during the quarter, up from ₹3,303 crore in Q2 FY25, with over half provided to repeat borrowers, signaling strong customer loyalty. These trends highlight Paytm’s ability to scale its user base and sustain engagement while driving growth in its ecosystem.

Paytm said company’s operating revenue rose by 10 percent quarter-on-quarter to Rs 1,828 crore in Q3 FY2025, driven by its payments business and expanding financial services distribution portfolio.

InfotechLead.com News Desk

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