Paytm eyes healthcare payments, the firm currently valued at about $15 billion, had said it was expanding its educational services from fee payments, application forms and career counselling, to education insurance, loans and job applications.
The firm now aims to create a payments mechanism solely for doctors to help them receive consultation fees using Paytm to and make bulk purchases such as medical supplies.
Paytm is also evaluating the business of connecting patients and doctors on a platform.
“We want to be a category creator of payments. Doctors don’t accept digital payments as they often visit multiple hospitals in a week and there is no reconciliation method for all the payments. There is complexity involved in handling such payments. So, we are bringing the simplest of QR codes, which are replaceable and usable at multiple places,” said Paytm founder Vijay Shekhar Sharma.
Paytm eyes healthcare payments