Paytm Partners with Perplexity to Bring the Power of AI

MUMBAI:
Paytm (One 97 Communications Limited), India’s leading payments and financial services distribution company and the pioneer of QR codes, Soundbox, and mobile payments, has partnered with Perplexity to bring the power of AI to Crores of Indian consumers. Perplexity is the world’s first answer engine that delivers fast, clear responses with trusted sources in real time. This collaboration marks a major step toward integrating AI-driven intelligence into mobile payments, enabling users to get real-time financial assistance within the Paytm app.

As India’s digital economy grows, the need for instant and reliable information to support informed decision-making is increasing—whether in managing finances, exploring market trends, or making daily choices. Paytm is addressing this by integrating AI-powered search in the Paytm app, enabling users to ask everyday questions, explore topics in their local language, and make informed financial decisions. This innovation enhances digital literacy and reinforces Paytm’s commitment to driving technological advancements for a smarter, AI-driven India.

Vijay Shekhar Sharma, Founder & CEO – Paytm said, “AI is transforming the way people access information and make decisions. With Perplexity, we are bringing the Power of AI to Millions of Indian Consumers, making knowledge and financial services more seamless and accessible.”

Aravind Srinivas, CEO & Co-founder – Perplexity said, “We are thrilled to partner with Paytm, a pioneer and innovator in India’s mobile payment revolution. Our AI- powered search technology will help bring real-time, trusted answers to millions, enabling them to make informed decisions effortlessly. This collaboration is a step towards a future where AI enhances everyday interactions and digital experiences for all.”

The Paytm-Perplexity partnership showcases how AI can empower millions by making information and financial services easily accessible. This collaboration aligns with Paytm’s broader vision of leveraging technology to drive inclusion and innovation, making AI an integral part of everyday life in India.