CLEAN : In India a new banking system to reach the masses

CLEAN : In India a new banking system to reach the masses

Assessment

Interactive Video

Other

10th Grade - University

Hard

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The video discusses Paytm's services, including booking movie tickets and using barcodes. It explains transaction processing times and how users can open wallets with Paytm to use across a vast merchant network. The goal is to become India's largest payment network, focusing on small shops that lack POS machines. Paytm charges when money exits the system. The company is also working to educate new users and merchants, providing support to those unfamiliar with technology.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the fee structure for transactions within the Paytm system?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do new users face when using Paytm, according to the text?

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