In order to make the billing process for purchases easier for partner merchants as well as customers, Paytm has launched an automatic billing feature. The automatic billing feature will allow customers to make frictionless transactions to pay bills, pay for groceries, pay membership fees, etc., depending on the usage of the customer.
According to Paytm, the new feature will ensure that their partner merchants reach out to millions of users and offer their subscription plans for their service. Earlier, Paytm claimed that they register an average of 400 million transactions every month, and they are sure that the simplified payments method through the automatic billing feature will boost the number of transactions that they register every month.
Source: Your Story