The famous Indian payment gateway & E-commerce platform Paytm has finalized a business deal with Japanese automobile firm Suzuki Motorcycle. The new deal will help buyers to book their Suzuki Bike directly from the Paytm platform. Paytm has announced that customers will be felicitated with the ability to book Suzuki bikes and scooter models from more than 400 Suzuki dealers on its platform. According to this deal, Suzuki will also have a brand store on the E-commerce platform Paytm.
As we all know that the Alibaba is the chief financer of the Paytm that will also offer vehicle financing to customers willing to buy the vehicles. This business association hopes to sell more than 10,000 vehicles through Paytm within the year 2016. "Consumers can now book their favorite Suzuki motorbike with the ease of a click on Paytm. Our dealerships present across the country will be actively involved in giving a great consumer experience to Paytm's customers while fulfilling the orders," said Satoshi Uchida, Managing Director (India) - Suzuki Motorcycle.
"We are highly delighted to announce that Suzuki has displayed their trust on Paytm by making us the preferred partner for all of their product offerings. We are confident that this will create a mutually beneficial relationship between Suzuki and Paytm, with consumers being the ultimate winners," said Renu Satti, Vice President - Paytm.
Earlier, in May, Paytm had shown interest in launching vehicle and financing so that the company can expand its footprint in the automobile market. Right now the Paytm is offering vehicles from brands like Honda, Hyundai, Maruti Suzuki, Mahindra, Datsun, Hero, Yamaha and Mahindra among others.
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