Chennai: India’s homegrown digital financial services platform Paytm has announced the launch of stock trading on its online investment and wealth management platform Paytm Money in beta mode.
This new addition will benefit experienced as well as first-time investors to seamlessly invest and trade in stocks in a completely digital and secure environment, it said in a statement.
“The company is striving to become the most comprehensive online wealth management platforms in India driving financial inclusion for the masses.”
It added: “In India, a limited number of people directly invest in equity markets. With the launch of stock trading, Paytm Money aims to drive higher penetration in equities investing with an easy to use product, low pricing (cash delivery trades are free with intraday trades as low as Rs.10) and digital KYC with paperless account opening.”