"Paytm Faces Regulatory Challenges as Retailers Attract Walmart and Google"

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Source: Reuters India
"Paytm Faces Regulatory Challenges as Retailers Attract Walmart and Google"
Photo: Reuters India
TL;DR Summary

India's digital payments giant Paytm is facing a regulatory crackdown, causing many merchants to express concerns and prompting the company to send sales staff door-to-door to reassure them. Meanwhile, competitors like Walmart's PhonePe and Google Pay are seeing increased demand for their offerings, with downloads of their apps surging. Paytm's stock has plunged, creating an opportunity for its rivals to capitalize on the situation.

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