Digital payments and financial services company Paytm is going to hire over 20,000 field sales executives across the country ahead of its initial public offering (IPO).
This move by Paytm comes amids strong competition from major digital payments rivals Google Pay and PhonePe.
According to a leading daily, the new recruits will be able to earn around rupees 35,000 per month.
They will be given tasks to promote Paytm's entire portfolio which includes POS machines, Paytm Soundbox, QR codes, UPI as well as other product offerings across the fintech major's ecosystem.
Although the digital payment company's spokesperson did not commented on this when contactedby the leading daily.
Meanwhile, Paytm had recently launched its field executive programme with an objective to provide jobs to undergraduates.
Paytm's parent company, One97 Communications had recently filed its draft documents to raise rupees 16,600 crore in its initial public offering which is expected to be India's largest IPO by October.