? Cool Title, but what’s the news?
Digital payments company Paytm is now on an expansion spree to build a ‘New Retail’ model to equip shopkeepers with technology, logistics and marketing capabilities.
? Okay, but what does it mean?
Under this model, which the consumers will soon be able to discover, will enable customers to place orders and get instant deliveries.
The company has already partnered with a large network of local shops, restaurants, pharmacies and groceries for accepting Payments and will soon extend ‘New Retail’ services to them.
? Why should I care?
With food ordering and groceries as a priority, the company is partnering with national grocery & food chains and online platforms to power ‘New Retail’. Looks like Amazon Now will not be the only one offering you instant (read 2-hour) delivery!
And once this new service launches, get ready for great offers like the ones you can expect from PayTM!
Source: Economic Times