As everyone is getting used to living with limited cash, at least temporarily, after Prime Minister Narendra Modi announced demonetisation of Rs. 500 and Rs. 1000 notes earlier this week, companies operating digital wallets and other forms of electronic currency have witnessed increased interest from users. The likes of Paytm, MobiKwik, FreeCharge have all seen an uptick in various metrics, and even used this week to introduce new features like wallet on delivery.
Continuing the trend, Paytm on Friday announced a new ‘Nearby’ feature that will make it easier to discover merchants that accept the wallet. This will help customers who are short of cash in the current situation to easily discover merchants that accept Paytm. Paytm ‘Nearby’ will carry a directory of over 8 lakh Paytm’s offline merchants and partners across India, the company said in an emailed statement, with over 2 lakh merchants included in the first phase.
source- gadgets 360