BDM, India's leading online and digital financial services company, has embarked on a new plan to dominate the market as it prepares for its largest IPO in India.
BDM has decided to expand its business across the country on a massive scale as there is already stiff competition in digital payment and online financial services in India.
Digital Payment Business
In India, many leading companies such as BDM, PhonePay, GooglePay, GeoPay, WhatsAppPay are competing fiercely for the digital payment business. As a result of this competition, even Google has now started refunding the bonus money instead of Better Luck Next time on its scratch card.
BDM project
BDM, which is preparing for an IPO this time around, has announced that it will be adding about 20,000 people to its Field Sales Executive division to further expand its business.
Newly added Field Sales Executive staff will be employed to sell BDM Company QR Code, POS Machine, BDM Soundbox, Wallet, UPI, BDM Postpaid, Merchant Credit, Insurance Plans.
Jobs for 20000 people
It is also expected that most of the 20,000 people added to the Field Sales Executive category will be employed in 2nd and 3rd tier cities. The reason is that BDM has got enough business in big cities. It seems that BDM management has now decided to do expansion work in 2nd and 3rd tier cities.
Salary of 35,000 rupees
Following this, those who join the Field Sales Executive at BDM are likely to get a salary of Rs 35,000 per month. Similarly, those in the sales department should not forget that there will be a target.
UPI Money Transfer
BDM currently holds only 11 per cent market share in UPI money transfer, while BonPay holds 45 per cent and GooglePay 35 per cent. To raise this scale, BDM currently plans to add 20000 to its Field Sales Executive.