Paytm is an Indian digital payment platform launched in 2010 that allows users to make online and mobile payments. It started as a mobile recharge platform and has expanded to allow bill payments, purchasing goods and services, and money transfers between users. Paytm has over 40 million wallets and is one of the largest payment platforms in India due to its easy accessibility on mobile devices without high-speed data. It generates revenue through commissions on transactions carried out on its platform.