Paytm collaborates with Alibaba, launches AI Cloud for India

88

PaytmDigital payments giant Paytm has joined hands with Alibaba to unveil artificial intelligence-based cloud computing platform ‘Paytm AI Cloud for India’. This will be an exclusive for developers, startups and enterprises.

The platform will provide business-centric apps for organisations that prefer high-quality solutions for cloud computing, ready-to-use services to automate workflow, easy to integrate payments, among others.

The firm revealed that the AI Cloud processes and stores all data locally on servers situated in India, taking optimum care of highest security and privacy standards.

“Every new-age organisation needs to be AI-enabled…. They need growth engines to acquire customers, engage one-to-one with them, and AI empowered systems to predict their business,” said Sujit Kumar Mishra, Vice President, Paytm.

The Banking & Finance Post is an initiative of Elets Technomedia Pvt Ltd, existing since 2003.
Now, Elets' YouTube channel, a treasure of premier innovation-oriented knowledge-conferences and awards, is also active. To Subscribe Free, Click Here.

Get a chance to meet the Who's who of the BFSI industry. Join Us for 6th NBFC100 Tech Summit, New Delhi and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.