Paytm to hire over 20,000 sales executives ahead of IPO
@Tragicfonts, @Infodeaofficial
Patym has made a calculative move to in the strong competition with its rival Phone Pay and Google pay by recruiting over 20,000 Field Sales Executives(FSE) just before its Initial Public Offerings (IPO). As per the sources the new hires will be earning around Rs35,000 per month and they will be promoting the company across the country which includes QR Codes, Paytm sound box, POS machines and other products like wallet, Paytm post-paid, Marchant loans and insurance offerings.
The Noida headquarters has launched its FSE programme to provide employment opportunities to the graduated and to the people who recently lost their jobs due to COVID-19. Although, Patym spokeperson hasn’t commented on the matter yet.
By October the company is aiming to launch its Rs 16,600 crore IPO. By the data from NPCI Paytm is said to have over 11% of market share in UPI transactions whereas Phone pay had 45% followed by google pay by 35% in May. This initiative by Paytm has proved to be a good opportunity for the individual who has pass call 10th, 12th or graduation. This will help in the curing the problem of unemployment in small cities and towns.
The company wants to educate women merchants about digital payments through this initiative they are encouraging more women to join. Paytm is also offering rewards to the merchants like guaranteed cashbacks, soundbox and IOT (internet of things) devices. The company has invested Rs 50crores for the programme this year, that targets to uplift the skills of the merchants.
Anyone with the android smart phone is eligible for the job. The individuals who are comfortable with traveling and have prior experience in sales and good knowledge of local language of the area will be given higher preference.
Paytm payments bank has issued Fastags around 10million which is 1/3rd of the tax issued by any other banks in the country. According to the largest data firm REDSeer, Paytm is now the largest payment industry with Gross Margin Value (GMV) of around Rs 4lakh crore.
