The World’s Most Anticipated Paychecks Are Coming Out Tomorrow
The World Bank is announcing the launch of the first ever antifraud platform, called Paytm, to tackle the challenge of identity theft and fraud.
Paytm is a payment platform that allows customers to store their credit and debit cards online, and also to transfer money to their bank accounts.
Payments are secured by the world’s largest financial institutions, including the US Department of Justice, the Bank of England, the US Federal Reserve and others.
It is hoped that Paytm will be the first platform to solve these problems.
PayTM is based on a decentralized model, and the team is aiming to make the platform secure, transparent and scalable.
PayPal has been working to secure its payments system since it launched its Paypal 3.0 system in 2009.
In the past, Paytm had been a platform that was used to store the personal data of users.
It is thought that the use of an anonymous platform like Paytm would make it easier for customers to keep their identities secret and to avoid identity theft.
While Paytm was launched with a price of just Rs.1,000 ($1,350) per card, it has raised $1.7 billion ($1.85 billion) of funding from over 300 angel investors.
The company is working with some of the worlds largest financial services companies to help with the development of its platform, said a statement.
Paytems development is based in India, with the help of US and UK banks, and has already received US approval for its launch.