One 97 Communications (Paytm) has launched Paytm Silver, enabling savings in silver through its app starting at Rs 20. Paytm Silver enables disciplined savings in small amounts, supporting gradual accumulation over time while offering flexibility for festivals, milestones, and future financial needs. Paytm Silver is backed by physical silver sourced from MMTC PAMP. The MMTC PAMP is one of India’s most trusted refiners, ensuring high purity standards, and the equivalent physical silver is securely stored in insured vaults of MMTC PAMP, with MMTC being a Government of India undertaking. 

The silver can be sold instantly at prevailing market prices through the app. Paytm Silver offers transparent pricing with no making charges. The live silver price is displayed clearly, and applicable taxes appear separately before completing the transaction, ensuring full clarity at the time of payment.

One 97 Communications is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, the company builds technologies that help small businesses with payments and commerce.