One 97 Communications Limited (OCL), the parent company of Paytm, has announced new partnerships with major travel aggregators such as Skyscanner, Google Flights, and Wego.
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Paytm’s Market Share In Q4
In the fourth quarter of FY24, Paytm saw a significant increase in its market share among online travel agencies (OTAs).
Addition Of New International Carriers
Paytm Travel has also added new international carriers, including Cambodia Angkor Air, SalamAir, and FlyDubai.
Expansion Of Bus Service
Additionally, it has expanded its bus service offerings by onboarding new operators like Mettur.
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Introduction Of Free Cancellation Service
Paytm’s introduction of a Free Cancellation service has been popular, particularly for train and bus bookings, followed by flights, offering customers greater flexibility and peace of mind.
Increase In Flight Booking Through Paytm
Flight bookings on Paytm grew by about 19 per cent year-on-year, far surpassing the industry growth rate of around 3 per cent.
International Flight Bookings Through Paytm In April
Additionally, international ticket bookings in April rose by approximately 15 per cent.
Paytm Integration With NDC
A key development is Paytm’s integration with Amadeus’ New Distribution Capability (NDC).
First To Be Featured On NDCx
Singapore Airlines and Qatar Airways are the first to be featured on NDCx, with Eva Airways also joining.
What Changes Does This Integration Bring?
This integration uses artificial intelligence to provide more personalized travel options and packages directly from the airlines.
