According to reports, Paytm partners with global travel aggregators Skyscanner, Google Flights, and Wego to grow its market share in the online travel segment.

The latest tie-ups follow a 19 percent year-on-year (y-o-y) rise in total flight bookings on Paytm in the March quarter. International flight bookings on the platform rose 15 percent y-o-y in April.

Their partnership with global travel aggregators and leading airlines, combined with the integration of artificial intelligence, underscores our dedication to providing seamless, convenient, and competitive travel solutions. As they continue to innovate and grow, we aim to deliver exceptional value and excellent travel experience for our customers.

The latest alliance is also tracking Paytm, which partners with Samsung to offer flight, bus, movie, and event ticket reservations through Samsung Wallet. These efforts are seeking to diversify revenue sources after the Reserve Bank of India banned payment banks from accepting new deposits and providing banking services after the 15th in response to its actions against Paytm Payments Bank Ltd.

Paytm has taken steps to further expand its business. In 2023, we integrated the new distribution Capacity (NDC) with the global travel technology company Amadeus. The initiative initially included Singapore Airlines and Qatar Airways on the NDCx platform but has expanded with the recent onboarding of Eva Airlines.

It improves the booking experience by offering AI-powered features and more personalized travel options and packages directly from the airline.

In addition, Paytm Travel has added 3 international airlines Cambodia Angkor Air, Calamari, and FlyDubai. It is also partnering with new bus operators, including Mettur, to expand its domestic services by reaching customers in small cities and towns. It also introduces free cancellation services across travel categories such as trains, buses, and flights.