# @restofworld on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/CStlxZ7FTfh
- **Gondola URL:** https://gondola.cc/posts/78901511-restofworld-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/568f78ce5c.jpg
- **Posted:** 2021-08-18T10:26:27.000+00:00
- **Account Owner:** Rest of World (@restofworld) — https://gondola.cc/restofworld

## Caption

Backed by Softbank and Alibaba, Paytm was a pioneer in India’s digital wallets business. But recently the company has seen its lead eroded by a state-backed digital payments system and fierce competition from deep-pocketed rivals Google Pay and Walmart-backed PhonePe.⁠⁠
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Click the link in our bio to read the full story. Photo by Nasir Kachroo/NurPhoto/Getty Images.⁠⁠
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#paytm #softbank #alibaba #digitalwallet #digitalpayment #digitalpaymentsystem #googlepay #walmart #phonepe

## Stats

- **Views:** 0
- **Likes:** 14
- **Shares:** 0
- **Comments:** 0

## Credits

No public credits are recorded here. This does not identify who made the post.

## Tags

alibaba, phonepe, digitalpayment, digitalpaymentsystem, googlepay, digitalwallet, walmart, softbank, paytm

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