Paytm on AWS
A digital payments pioneer, Paytm has made its mission to accelerate financial inclusion for the unbanked and underbanked across India—and it’s focusing on innovation in the cloud to realize this goal. The financial services firm, part of One97 Communications, has transformed numerous aspects of operations and infrastructure in just 3 years using Amazon Web Services (AWS). Boosting business efficiency with faster reporting and invoicing by migrating SAP to AWS. Delivering better payments experiences for customers and merchants with AWS Internet of Things (IoT), which helps it handle 7 million devices. Plus, a new future-proofed platform built on Amazon EMR that makes data more accessible for greater insight. On AWS, Paytm is putting innovation into every day.
Digital payments disruptor Paytm uses AWS to support growth and innovation.
By moving SAP to the cloud, modernizing data infrastructure, and harnessing the Internet of Things (IoT) to connect millions of devices, Paytm has bolstered its customer-centric approach to fulfill its ambition of driving financial inclusion across India.
Paytm Realizes 35% Savings and Up to 30% Application Performance Improvement using AWS Graviton
[2024] Since 2013, Paytm has deployed its applications on various services in Amazon Web Services (AWS), including Amazon Elastic Compute Cloud (Amazon EC2), which offers secure and resizable compute capacity for virtually any workload. So, when AWS announced the Mumbai Region release of Amazon EC2 instances powered by AWS Graviton processors—a family of processors designed to deliver the best price performance for cloud workloads running on Amazon EC2—the company chose to migrate its data lake, MySQL workloads, AWS managed services (including RDS, Aurora, Opensearch, Elasticache, etc), and payment gateway applications. Even though Paytm initially focused on cost optimization in its migration, the company also realized performance and sustainability improvements.
Paytm Efficiently Scales to Manage Millions of Devices Using AWS IoT Services
[2023] Paytm cut costs, increased security, and reduced fraud by migrating to Amazon Web Services (AWS) and adopting a range of AWS IoT services. With a scalable infrastructure on AWS, it can maintain high availability while adding nearly 1 million payment processing devices a quarter. And because the solution is simpler to use, more merchants are adopting Paytm, helping the company affirm its market-leading position.
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