Chapter 820

On the evening of modi's televised speech, paytm headquarters in Bangalore, India, was brightly lit and employees were very busy.

Since Mordy suddenly issued the scrap order, paytm has ushered in its second golden development period since its establishment.

Paytm's first golden development period was to win Huizhong investment and become the only bottom payment service provider of wechat payment in India.

The cooperation between paytm and wechat made the total number of paytm users exceed 120 million in just two years, accounting for one third of the total number of wechat users in India at that time!

Since then, the growth of Paytm's users has slowed down. It's not that WeChat's entrance suck. But most of the people in India are too accustomed to paying cash. Too many Indians have no bank accounts or what they are going to do. Let's talk about opening WeChat to pay or using Paytm.

This time, the banknote scrapping order ordered by Mordy has increased the number of Indians opening bank accounts and learning to use electronic payment and mobile payment, and paytm has ushered in a golden period of development again.

Just one week after the banknote scrapping campaign, paytm has more than 5 million new users, of which three-quarters of the users have indirectly opened paytm accounts through wechat payment.

Paytm standalone app downloads soared by 700%.

In addition, due to the restrictions on the use of old currency cash, many old users who did not frequently use wechat payment in the past also began to frequently use wechat payment or directly use paytm for mobile payment or transfer.

Paytm's daily average transaction volume exceeded 10 million, and the daily average transaction volume exceeded US $8 billion!

"In the face of this unprecedented opportunity, we must seize this opportunity to maximize paytm's growth!" paytm CEO Vijay Sharma said excitedly to all senior executives at the executive meeting.

Also because of Sharma's words, the employees of the whole paytm company have been very busy since the beginning of the waste money movement.

The marketing department is busy formulating larger and broader publicity strategies to seize this once-in-a-lifetime opportunity to make more Indian citizens become their own users.

The technology R & D department is busy expanding servers and improving server performance to ensure the stability and security of payment services.

Each department performs its own duties and all staff are ready for war.

At 20 pm, engineers and programmers in paytm technology R & D department were busy in their posts.

Just a few minutes ago, Mordy just delivered a TV speech calling on all citizens to learn to use e-economy, Download app and learn to use mobile payment, which also brought a new peak of traffic to paytm.

From 20.05, paytm ushered in an unprecedented traffic peak since its launch.

Several Indian engineers watching in front of the computer were very nervous.

They are afraid of serious problems such as slow response, service interruption and even system downtime.

Different from the nervous look of these Indian engineers, the two Chinese engineers sitting next to them were talking and laughing and playing the glory of the king!

Seeing this scene, several Indian engineers were not angry, but they didn't dare to say anything.

These two engineers are top technical experts dispatched from China's payment giant Alipay. Like them, the whole paytm company and nearly 20 people are stationed from China's Alipay or Huizhong company.

As early as Huizhong invested in paytm and wechat signed a cooperation agreement with paytm, Huizhong dispatched a group of top technical and business experts to paytm to help them transform and upgrade from the system architecture to the bottom of the business.

According to Huizhong's strict requirements on business security, it is impossible for them to allow paytm to have low-level problems such as slow payment response, security vulnerabilities or system hold failure after accessing wechat payment.

The actual situation is indeed that paytm's business and system robustness have been greatly improved after Huizhong's technical team settled in.

Under the leadership and guidance of Chinese engineers, many Indian engineers have greatly improved their technical and business capabilities.

Now, paytm has encountered an unprecedented traffic peak, which is the first time for several Indian engineers to encounter such a big battle.

However, it has long been common for two Chinese engineers playing games.

"Alas! These Indians are still too delicious. I think we have reached the double 11 of the new year's Eve Spring Festival Gala in China. Hundreds of millions of people all over the country hold red envelopes and buy things. This is why this battle has made them so nervous!"

One of the Chinese engineers was playing the glory of the king. He looked up at several nervous Indian engineers in the gap between the bodies after he was killed. He thought silently.

They built their own system. They know that if they can't even bear this pressure, they don't have to mix here!

More than two hours later, when the peak flow of paytm passed, several Indian engineers finally breathed a sigh of relief.

They looked back at the two Chinese technical experts and were still very excited.

Several Indian engineers admire and envy from the bottom of their hearts. When can they wait for others to be so calm!

On the other hand, Gupta, who just exchanged new coins with his father in the bank two days ago, also responded to the government's call, bound a bank card and opened wechat payment.

When he went to the small supermarket where he often went shopping downstairs, he was surprised to find that a brand-new green collection QR code was also placed on the boss's checkout counter.

And to his surprise, when checking out, he found that wechat payment had a discount, which could be reduced by a few rupees.

This discovery makes Gupta more willing to use wechat payment for checkout.

Similarly, there are many people like Gupta all over India.

With vigour and vitality of the waste note movement and Mordi's speech, Paytm has become a hot national software in India. Its ranking in major application stores has risen again, and the tiktok is just the social or entertainment software like WeChat, jitter, etc.

The valuation of paytm in the capital market is also rising. Only in the past year, the valuation of paytm has doubled to more than $12 billion!

"Paytm will become India's payment link!" the global capital market gave such a voice to paytm.

Paytm has become one of the veritable small giants in the Indian Internet industry!

At the end of November, India's banknote scrapping campaign was still vigorously carried out.

At the same time, in Yanjing International Conference Center, Weilai, a new domestic car making force established for two years, released its first sample car, Weilai ep9.

On November 30 two years ago, Huizhong cross-border car manufacturing established Weilai automobile company. At that time, Fang zhe put forward a request to Li Bin, founder and CEO of Weilai, requiring Weilai to build the sample car within two years, that is, on November 30 this year.

Now there are still a few days before the agreed deadline. Weilai has indeed built a sample vehicle Weilai ep9 as agreed.

Li Bin and Wei Lai didn't break their promise, but he released Wei Lai ep9 before the deadline required by Fang Zhe, which still made netizens who saw the news laugh.