NEW DELHI: Paytm Money, the subsidiary of payment solution provider Paytm has launched voice trading functionality on its platform. The voice trading feature of the app allows users to place a trade or get information about stocks via a single voice command.
The voice trading feature enables a single voice command, with the use of Neural Networks and Natural Language Processing (NLP) to allow instant processing.
” Voice Trading feature enables users to skip the usual 5 to 6 step process of trade in a dynamic environment with simple voice commands. We believe that this will improve user experience over time and will bring more convenience to tech-savvy investors”, the company said in a statement.
Voice Trading is currently being rolled out in beta to select users and will be available to all users over the next weeks.
Recently, Paytm Money introduced a wealth and investment advisory marketplace on its platform to offer curated advisory services and products to retail investors.
Paytm Money has partnered with start-up WealthDesk to offer investment portfolios called ‘WealthBaskets’ as the first step to build up the advisory ecosystem.
A ‘WealthBasket’ is a custom portfolio of stocks and exchange traded fund created by Securities and Exchange Board of India (SEBI)-Registered investment professionals and users will be able to invest in multiple Wealthbaskets via the free starter pack or by subscribing to premium monthly packs available, the statement said.
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