Paytm to expand offerings in education services

Digital payments major Paytm is set to expand its offerings in education services by building an ecosystem to attend to the requirements of students and government job aspirants. The Softbank and Alibaba backed company is partnering with multiple institutions to offer a full range of services across payments, commerce, academic services and financial transactions.
"We want to enable the student and parent community to know in advance what they should do to build their career. Right from providing details on 25,000 colleges, courses and exams, our bouquet of services will include - payments (in-app and in educational centres), commerce (coaching, scholarships, test preparation, admission forms etc.) and financial services (student insurance, educational loans, banking)," said Vineet Kaul, senior vice president - Paytm.

It is working with private and government educational institutions to offer admission forms, exam results, applications for Government jobs, coaching and test preparations. The company will also offer financial services like educational insurance, loans and co branded smart cards to students.

Paytm has already partnered with the likes of the Railway Recruitment Board, Maharashtra Public Service Commission, National Testing Agency, Indian Navy, Amity, VIT, Manipal, AKTU, Army Public Schools.