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  • Last Updated : April 26, 2024, 15:10 IST
Shares of Paytm hit an intraday low of Rs 1,586.35 on the NSE with investors losing as much as 25% to its issue price of Rs 2,150.

Financial services company Paytm has started the process to hire around 20,000 field sales executives (FSEs) across India to educate merchants on digital adoption, according to sources aware of the development. In an advertisement the digital payments firm said that the field sales executives would have the opportunity to earn as much as Rs 35,000 and more in monthly salaries and commissions. The company is looking to hire youth and undergraduates as field sales executives.

Sales executives to promote Paytm products

The opportunity is being extended to individuals who have either passed Class 10, Class 12 or are a graduate. The move aims at employment generation in small cities and towns, especially for those who have lost jobs during the pandemic.

The individual should be 18 years of age and should have a smart phone. Preference would be given to those who have a two wheeler and are comfortable travelling. Prior sales experience is an added advantage. Also, applicants should have good knowledge of the local language and the area, added the source.

Promotion of Paytm’s entire range of products including Paytm all-in-one QR Codes, Paytm all-in-one POS machines, Paytm Soundbox as well as other products across the company’s ecosystem such as wallet, UPI, Paytm Postpaid, merchant loans and insurance offerings will be done by the field sales executives.

Paytm is also running a guaranteed cashback offer to reward merchants and also offer Soundbox and IoT (internet of things) devices which can be leveraged by FSEs. The company has committed Rs 50 crore for the programme this year with a target to uplift over two crore merchants who use Paytm in their day-to-day life.

The company has filed a draft paper with markets regulator Sebi for a Rs 16,600-crore IPO; and reportedly, it should get listed by October if it gets regulatory approvals within expected timelines.

Published: August 1, 2021, 15:32 IST
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