Following this partnership, bill payments settled by PPBL will now be done via Euronet. Euronet settled around 19 million consumer-facing bill payments in March, a significant increase from 4.6 million in January
Read MoreAs part of this restructuring, Rakesh Singh, former CEO of stockbroking firm Fisdom, has been appointed as the new CEO of Paytm Money, succeeding Varun Sridhar, who has transitioned to the role of CEO at Paytm Services.
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