For a higher payment success rate, PayTM planning to introduce AI

Nabanita Dutta

News Editor
Image Credit: shortpedia

PayTM, the digital payment leader in India runs a payment gateway vertical. Today, it has announced the launch of AI-based router that will help the merchants a achieve a higher success rate. The Vice president of PayTm Puneet Jain has said that the AI will optimize the payment workflows by routing the transactions to the best-perming payment aggregator in real time. PayTm handles 400 million transactions every month.