The most famous Indian e-commerce payment system as well as digital wallet company is one and only PayTM. Founded by Mr. Vijay Shekhar Sharma in the year 2010 PayTM has its base at Noida SEZ, India. This mobile payment service is available today in 10 languages offering online use-cases starting from mobile recharges, utility bill payments, movies, travel, payments at any store starting from groceries to veggies, parking, restaurants and what not? PayTM is valued at $10 billion today as in January 2018. To understand the expansion of this service more today the QR code is used by over 7 million merchants to accept payments directly to their bank account without any fee charged.