- India,
- 27-Feb-2025 09:00 PM IST
Paytm And Perplexity: Artificial Intelligence (AI) is expanding rapidly, and in this episode, India's leading digital payments company Paytm has announced to equip its app with AI. Under this, Paytm has partnered with an AI-based search platform called Perplexity. Through this partnership, AI-driven search facility will be added to the Paytm app, making it easier for users to get real-time information, find answers to their everyday questions and take advantage of various services within Paytm's ecosystem.Reaction of CEO Vijay Shekhar SharmaPaytm founder and CEO Vijay Shekhar Sharma described this partnership as in line with the growing demand for digital solutions. He said, "AI is changing the way people access information and make decisions. Our partnership with Perplexity is an important step to provide the power of AI to millions of Indian customers." Along with this, Paytm's AI-enabled platform will allow users to get information in their local language, which will also promote digital literacy and accessibility.Role of AI in digital paymentsThe addition of AI-based search feature by Paytm will bring a new revolution in the digital payment ecosystem. It will not only help in financial planning and understanding market trends, but will also make everyday decisions of users easier. With the help of AI, Paytm will be able to make users' interaction with digital services more seamless and effective, which will also increase financial awareness.Statement of Perplexity CEO Arvind SrinivasPerplexity CEO and co-founder Arvind Srinivas expressed excitement about this partnership and said, "We are very excited to partner with Paytm. This is an effort to give a new dimension to the mobile payment revolution in India. Our AI-based search technology will help in providing reliable and quick information to millions of users."Future of AI for PaytmPaytm has previously brought about a big change in the world of digital payments by introducing QR code-based payments and sound box devices. Now adding AI-based features is likely to further strengthen the company's business. This partnership will play an important role in further improving Paytm's services and will give a new direction to the Indian digital payment sector.