NEW DELHI, JUNE 24 :  One 97 Communications, the fintech major that operates Paytm, on Monday announced that it has partnered with global travel aggregators such as Skyscanner, Google Flights and Wego to expand its travel market share.

“Our partnerships with global travel aggregators and leading airlines, combined with the integration of artificial intelligence, underscore our dedication to providing seamless, convenient, and competitive travel solutions,” a company spokesperson said.

The fintech company said that in the January-March quarter of FY24, Paytm maintained its upward trajectory in market share among online travel aggregators (OTAs), with flight bookings showing a notable year-on-year increase of 19%, surpassing the industry’s growth rate of around 3%.

“This growth is further underscored by a 15% year-on-year rise in international ticket bookings in April, showcasing Paytm Travel as the preferred destination for competitive prices and seamless services in travel bookings. This highlights the trust and confidence customers place in Paytm for their travel needs,” it said.

Paytm, in a press note, said that as the second-largest OTA in train bookings, it continues to enhance the customer experience with new features such as guaranteed seat assistance, and easy tatkal bookings, making train travel more convenient and accessible for all users.

“Paytm has also witnessed growing preference among travelers, including those from small cities and towns, for their commuting needs,” it said.(UNI)