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Paytm Money launches AI powered Voice trading

November 16, 2021

Paytm Money launches AI powered Voice trading

Paytm Money, a completely subsidiary of Paytm, launched Voice Trading that allows users to place a trade or get information about stocks via single voice command.

The service has been launched in line with Paytm Money’s efforts to offer next-generation and AI driven technology to elevate user experience, the company said in a statement.

“Paytm Money’s R&D team leveraged its experience in disruptive tech to specifically solve this problem with Voice Trading. The voice trading feature enables a single voice command, with the use of Neural Networks and Natural Language Processing (NLP) to allow instant processing.

With the advent of 5G, smart devices and a hyper-connected world, the way we live and transact will change, voice-based transactions will steadily become mainstream and this is the first step to embrace the power of Video/Audio,” it said.

The feature is currently being rolled out in beta to few users and will be available to all users over the next few weeks.
Varun Sridhar, CEO of Paytm Money said, “At Paytm Money, our focus has always been to elevate user experience and be the first to leverage technology to make investing quicker, cheaper and simpler”.

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