Paytm partners with AWS to provide its startup toolkit to entrepreneurs

Paytm startup toolkit offers solutions in the domain of payments, payouts, banking and distribution

Paytm, India’s leading digital ecosystem for consumers and merchants, has teamed with Amazon Web Services (AWS) to provide its startup toolkit to startups onboarded on AWS Activate, a scheme that gives free tools, resources, and more to help startups get started on AWS efficiently. Paytm will provide payment, distribution, and growth options to entrepreneurs in India participating in the AWS Activate initiative.

The Paytm startup toolkit is a one-stop shop for solutions in the areas of payments, payouts, banking, and distribution. Services include Paytm Payment Gateway, which allows businesses to accept digital payments on their website or app; Paytm Payouts, which enables businesses to streamline payments to employees, vendors, distributors, and channel partners; and Paytm Payments Bank, which offers truly digital banking through nodal banking.

The Paytm Mini App Store allows developers to integrate easily with Paytm’s identity and payment services, as well as Paytm Ads, which allows advertisers to hand-pick their target audience and locate look-alike groups that are best suited for their campaigns.

Praveen Sharma, MD & CEO, Paytm Payments Services Ltd. said, “Paytm’s comprehensive platform helps businesses expand their digital presence with quick integration of payment, brand, and commerce solutions. We’re proud to be able to help entrepreneurs with AWS. The Paytm Startup Toolkit will simplify and accelerate the growth journey for early-stage startups provide access to Paytm’s services. Our partnership will go a long way in fulfilling our mission of benefiting the growing tech startup space in India.”

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