India’s largest mobile wallet venture, Paytm, has launched in Canada. It’s the Alibaba-backed company’s first foray into the international market, enabling users to pay their mobile phone, cable, internet, water and electricity bills as well as their insurance and property taxes via the Paytm Canada app.
The company started out in Canada in 2014 as a two-member operation in Toronto, working out of local libraries. “Its been a while since then, and the Paytm Labs team today is a 55 member strong team of Software, Data and Machine Learning engineers who build technologies for the world’s fastest growing mobile payments and commerce ecosystem,” the company says in a blog post, adding: “This is just the beginning. We’ll soon expand our services by add a full lineup of new use-cases that will make life easier for consumers.”