PayTm Faces Service Outage
Users of e-payments company PayTm today faced difficulties in transacting through the app which the company said was due to some "technical" error.
"We are facing some technical issues. We will have it resolved shortly so please try again after some time," an automated message popped up on screen at time of transaction. When contacted, a Paytm spokesperson attributed the outage to challenges the company is facing with sudden jump in number of users and associated traffic.
The spokesperson said that Paytm has added 20 million new users in last 40 days taking the total number of registered users with us to 170 million.
"Furthermore, we are seeing much higher interaction per user as compared to earlier and are also witnessing continuous increase in the traffic on our platform. At the eve...