Paytm E-commerce today announced the launch of its new Paytm Mall application on Android. Paytm Mall aims to offer a combination of the Mall and Bazaar concepts to Indian consumers, said a PTI report.
“Only trusted sellers passing strict quality guidelines and qualification criteria will be allowed on the ‘Mall’,” Paytm said in a statement here.
All products listed on the Mall will also go through Paytm-certified warehouse and shipping channels ensuring guaranteed consumer trust, it said.
“We have defined quality criteria for sellers and are building strict controls over warehousing and shipping for products sold on Paytm Mall. Consumers would continue to get the largest assortment of domestic and international products through Paytm Bazaar, which will also be featured on the new app,” said Saurabh Vashishtha, Vice President, Paytm.
The Bazaar is an unstructured shopping channel on Paytm that will also be featured on a new application, it added.
Paytm Mall has over 17 fulfilment centres across the country to offer consumers an efficient online shopping experience. The platform would also offer sellers the widest reach through its vast network of over 40 courier partners, it said.
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The Paytm Mall would also launch an ungraded version of the Paytm Seller app, available in 7 regional languages, allowing anyone with a smartphone to set up an online shop on Paytm Mall.
Paytm Mall is available on Android, and lists over 68 million products sold by 1.4 lakh sellers spread over 1000 cities and towns across the country. The iOS app is expected soon.
Recently, the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) and mobile payment platform Paytm have also signed a pact aimed at encouraging digital transactions in the state.
A memorandum of understanding was signed by HSIIDC managing director Sudhir Rajpal and Paytm CFO Madhur Deora, a Haryana government release said.
Paytm will develop and promote 1,000 entrepreneurs in the state who would take Paytm services to the last mile, it said.
It will provide banking services in villages of Haryana to promote financial inclusion and would assist in bringing financial products to farmers, small traders and others in rural areas.
Paytm is offering its services in doing mobile, metro card recharge, paying datacard bill, mobile bill, electricity bill, gas, water , booking tickets for bus, movie, hotel, and many more.