Friday, 24 March, 2023

Paytm to shut down consumer app in Canada

<p>Paytm informed customers in Canada about the company&#39;s decision to shut down its app effective Mar 14. The digital payments company launched Paytm Labs inc, Canada division in 2014. It started offering a bill payments rewards program for users in 2018. The decision to shut down the app was made to focus the efforts of Paytm Labs on opportunities in India, according to the firm. The fintech firm does not expect any job loss from this decision.</p>