Paytm and PaytmPay are two of the biggest players in the online payments industry, and the companies are going to be facing off for the third time in the coming months.
With the launch of Paytm Payments app in India in July, the two giants are now battling for the top spot in the industry.
The new app has brought more than 40 million users to the platform in just a few months, with more than a million Paytm users signing up in the last one month.
While Paytm was the first to offer an app for payments in India, it has struggled to get traction among its users, with the app only offering a limited number of services.
Now, the online payment giant is working on the third app, with a focus on the Indian market.
According to a report by ET Now, PayTM is planning to launch the app on the platform next month.
The app will be a direct competitor to PaytmApp, which will be launched on the App Store in the second half of 2018.