Paytm shares climb 4% after merchant payment volumes rise 39% YoY in July
Paytm in an exchange filing said that the merchant payment volumes (GMV) for the month of July 2023 stood at Rs 1.47 lakh crore ($17.9 billion), marking a YoY growth of 39%. Its loan distribution business during the month marked a growth of 148% on-year, as it came in at Rs 5,194 crore ($632 million).
