News > Kiranas adopting digital ledger service to avoid cash

Kiranas adopting digital ledger service to avoid cash

India’s leading financial services company Paytm has today announced that ‘Business Khata’ has become India’s fastest-growing e-ledger service. As more kirana stores are adopting digital transactions to avoid cash, Paytm has recorded over Rs. 1500 crores of payments since the launch of its Business Khata services in January this year. During the ongoing lockdown, the service has witnessed 4x growth both in terms of new merchants and the total number of daily transactions.