Some employees of the company had allegedly worked with third-party vendors and created fake orders to avail the cashback offers. The partnership with EY is believed to strengthen the company’s mission to build a secure and trusted shopping experience for the buyers and partnered sellers across India and soon to be launched global operations. The platform will continue to delist fraud merchants and take strict action wherever needed. Commenting on the partnership, Srinivas Mothey, Sr Vice-President – Paytm Mall, said, “Our partnership with EY will help benchmark with global best practices as we build a technology driven fraud prevention system to scale our operations. We are committed to build a trusted commerce platform and will take strict action against wherever needed.
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