Synopsis
Paytm’s new umbrella entity (NUE) will differentiate itself from rivals because of its diverse set of consortium partnerships, CEO Vijay Shekhar Sharma says.
ETtech
Vijay Shekhar Sharma. Paytm is leading a consortium of IndusInd Bank, Ola, Suryoday Small Finance Bank, Zeta Pay, Centrum Finance and EPS in seeking a NUE licence from RBI. (Illustration: Rahul Awasthi/ETtech)
Mumbai:Paytm’s
proposed New Umbrella Entity (NUE) will differentiate itself from rivals in the race to set up the next National Payments Corp of India (NPCI) because of its diverse set of consortium partnerships with a host of financial services and technology players, chief executive Vijay Shekhar Sharma said.