Paytm Shares See Good Rally On Partnership With Samsung Wallet | Markets News

At 11.58 am, shares of Paytm were trading at Rs 432.35, higher by 7.42 percent or Rs 29.85 apiece on NSE.

Paytm has announced partnership with Samsung Wallet for bookings of flight, bus, movies, and events. 

“The partnership aims to enhance consumers’ convenience by offering a seamless, integrated booking experience directly through the Samsung Wallet, facilitating access to a wide range of services through Paytm,” One 97 Communications Limited said in a regulatory filing.

With this partnership, Galaxy smartphone users will now have seamless access to Paytm’s suite of services, including flights and bus bookings, movie ticket purchases, and event bookings, all integrated within the Samsung Wallet.

Galaxy smartphone users using the Paytm app for flight, bus and movie bookings and the Paytm Insider app for event booking, will be able to add their tickets directly to Samsung Wallet using ‘Add to Samsung Wallet’ functionality. This will enable them to conveniently access these to enter airports, bus terminals, cinema halls, event venues, etc.