Paytm signs MoU with Goa government for electricity, water and municipal tax payments

One97 Communications Limited, the owner of Paytm, on Thursday announced the signing of a memorandum of understanding with the Goa government to facilitate digital payments, a senior official said. Abhay Sharma, chief business officer, payments, Paytm, said the memorandum of understanding (MoU) was signed in the presence of Goa Chief Minister Pramod Sawant and the state finance secretary, V Candavelou.

Sharma said Paytm will deploy its payment devices like Paytm QR code, soundbox and card machines in all departments, including panchayats and municipalities, where users can make payments for electricity, water, and municipal taxes.

"With this, users can make payments for various services through Paytm UPI, UPI Lite, Paytm wallet, netbanking, debit and credit cards," he added.

Also Read: Jubilant FoodWorks to invest Rs 750 crore capex in FY23; to open 220 Domino's Pizza outlets, 35 Popeyes restaurants

Sharma said as India's leading tech innovators, the company has been at the forefront of driving the digital revolution in the country through the industry-first payment solutions.

"We are happy to sign this exclusive MoU with the Government of Goa through which our users in the state can pay for various government services. Our innovative solutions continue to empower users and also drive financial inclusion in the country," he added.

Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.