Madhur Deora – CFO of Paytm – recently said that his company might enable Bitcoin offerings if it gains permission from Indian regulators. Paytm is one of India’s largest mobile payment platform, meaning over 330 million users could gain access to simplified Bitcoin payments if the company follows through.
Waiting on Regulator’s Permission
The CFO hinted at possible Bitcoin services in an interview with Bloomberg this Thursday. In conversation with Haslinda Amin and Rishaad Salamat, the three discussed Paytm’s growth and subsequent funding from international blue-chip companies. Deora said that his company was riding the “strong tailwinds” of digital payments to fuel its massive growth.
“The key is to offer consumers more and more use cases, and more and more payment options, because users don’t want to use the same payment option for every transaction,” he said.
On that note, Salamat asked the CFO if one of Paytm’s new payment options could include Bitcoin. In re
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