MoneyWorks4Me

One 97 Communications tokenizes 28 million cards across Visa, Mastercard, RuPay

05 May 2022 Evaluate

One 97 Communications, which owns the Paytm brand, has tokenized 28 million cards across Visa, Mastercard and RuPay, and expects to purge saved card data by June 30. The tokenized cards account for 80 percent of monthly active cards on the Paytm app. Paytm is committed to safe and secure online payments, and in that direction, RBI's tokenization effort is a key milestone for the industry.

One 97 Communications (Paytm) is India's leading digital ecosystem for consumers as well as merchants.

Peers
Company Name CMP
One97 Communications 1731.10
AvenuesAI 15.69
Billionbrains Garage 197.55
Pine Labs 193.70
Seshaasai Tech. 360.20
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