India’s fintech giant joins Nucleus Vision to disrupt payments and shopping together in a whole new way.
Paytm, backed by Alibaba, is a fintech powerhouse best known for its mobile wallet service, which has over 200 million registered users in India. Our newly signed pilot deal is an exciting step forward for our team and the future of shopping. The scope of possibilities between Paytm and Nucleus Vision are thrilling and our team is eager to commence our pilot program together.
For the first time, a cutting-edge fintech product will incorporate blockchain and IoT systems. Together, our solution will harness a previously untapped capacity for user acquisition. With Paytm’s seamless mobile payment service and Nucleus Vision’s smart sensors and proprietary intelligence engine, we see a future where the divide between offline and online all but disappears.
This pilot will incentivize user acquisition for Paytm by offering walk-in customers at Nucleus Vision-powered stores incentives and special deals if they download and use Paytm to complete their purchase. Our deep learning capabilities will deliver the most lucrative offers to those customers who are most likely to make a purchase, prompting loyal consumers to adopt Paytm as their preferred method of purchase.
In the past few years, Paytm has grown to become a leading player in the digital payments space. More than 5 million merchants currently use Paytm as a Point of Sale (PoS) tool. The ease and efficacy of their product has expanded their reach by leaps and bounds; they have partnered with many well-respected organizations, including signing up as an official sponsor for all home games of the Indian national cricket team.
Apart from providing users with a seamless shopping experience and driving valuable customers to Paytm as a payment solution, we look forward to working together to propel the digital movement in India forward.
Paytm’s recent emergence in India as a fintech powerhouse is indicative of the company’s hunger and drive to change the status quo and provide greater value to its customers by increasing digital payments in India. We at Nucleus Vision share this ambition to drive digital solutions that enhance lives, and we look forward to working together to achieve this vision.
Stay tuned for more updates regarding this exciting pilot we are about to initiate with Paytm.
Article By vishalgulia