Paytm & NCTI ink MoU to scale MSMEs

With an intention to help MSMEs (Micro, Small & Medium Enterprise) in India, mobile commerce platform Paytm has joined hands with NCTI (National Centre for Trade Information). The two companies have inked a memorandum of understanding (MoU) to offer a virtual marketplace platform for NCTI members and will extend its services that will enable them to sell online.

In this regards, Paytm will set up payment gateways platform for online ticketing and membership fees for NCTI. The tie-up will lead to the growth of MSMEs by providing them with value-added trade information and updates generally for trading community. The MoU will also provide a platform to NCTI members that will serve as an opportunity to trade online and will lead to a faster growth.

National Centre for Trade Information is a joint venture of India Trade Promotion Organisation (ITPO) and NationalInformatics Centre (NIC). NCTI offers unparalleled advantages in terms of business efficiency and cutting down costs for Indian MSMEs in the form of Electronic Trading Opportunities, Live Trade Leads.