Paytm offers loans to auto drivers, kirana shops
Online payment platform Paytm on Monday announced that it has started offering working capital loans of ₹10,000- ₹1,00,000 to kirana stores, auto and taxi drivers, milk cooperatives and other merchants who accept payments through Paytm. The merchants' credit profiles based on their transaction histories will be shared with third-party financial institutions like Capital Float for risk assessment.