Paytm becomes India’s largest platform for booking LPG cylinders
- Partnered with all 3 LPG companies – Indane, Bharat Gas and
HP Gas
- Booked 5 million cylinders within 1 year of launch
India's
home-grown digital financial services platform Paytm has become the largest
enabler of LPG cylinder bookings in the country. The company today announced
that within a year of launching this service, it has registered over 5 million
bookings.
Paytm started ‘Book a Cylinder’ facility last year by partnering with HP Gas,
followed by Indian Oil's Indane. The tie-up with Bharat Gas was announced in
May this year. The platform is witnessing a high number of repeat customers,
because of its hassle-free & simple booking process. All that a user needs
to do is go to ‘Book a Cylinder’ tab, select his gas provider, enter LPG
ID/mobile no./consumer no. and then make the payment. The cylinder is delivered
to the registered address by the nearest gas agency.
Narendra Yadav, Vice President at Paytm said, “LPG cylinder is one
of the largest utility categories in the country, covering all socio-economic
classes & geographical regions. This is a high-priority category for us and
one of the key drivers towards achieving our goal of digitization of all
essential services. We are working to cross the benchmark of 10 million
bookings by the end of this financial year.”
Utility payments have been a major focus area for Paytm, where it is a market
leader in several categories such as electricity, piped gas, water, etc. The
company is ramping up its partnerships across the board to provide a
comprehensive list of all service providers across the country.
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