A push toward making traditional assets more accessible through digital platforms is gaining pace, as Paytm expands its savings portfolio with a new silver-based offering aimed at everyday users.
One 97 Communications Ltd has launched Paytm Silver, allowing users to save and invest in silver directly through the Paytm app. The product is designed to broaden access to asset-based savings by enabling investments in small and flexible amounts.
Starting at ₹20, Paytm Silver allows users to accumulate silver gradually over time. According to a company statement, the feature supports savings for festivals, personal milestones, and future financial needs, while offering flexibility to buy and sell through the app.
The company said it has seen strong adoption of Paytm Gold and is building on that momentum with the introduction of silver. By adding another established asset class, Paytm aims to strengthen its long-term savings offerings and provide users with more choices for accumulation over time.
“The silver is sourced from MMTC PAMP, one of India’s most trusted refiners, ensuring high purity standards, and the equivalent physical silver is securely stored in insured vaults of MMTC PAMP…The silver can be sold instantly at prevailing market prices through the app…with no making charges.”
Paytm also highlighted transparency as a key feature of the product. “The live silver price is displayed clearly, and applicable taxes appear separately before completing the transaction, ensuring full clarity at the time of payment,” the company said.
With Paytm Silver, the company continues to position its app as a platform for both payments and digital savings, while extending access to precious metals through low entry thresholds and simplified transactions.
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