The company said its new tie-ups cover a wide range of categories, including apparel and accessories, mobiles and electronics, consumer durables and home furnishings.
"Leading brands, including the Body Shop, Arvind, Lifestyle, Maxx, Aurelia, Colour Bar, Nike, Lotto, Sports Station, United Colors of Benetton, 24*7, Mothercare, Sunglass Hut, Pure Home, Archies and Reebok and other stores, now accept Paytm," the company said in a statement.
The mobile payment platform recently introduced new features like "App Password", and a toll-free number that helps non-smartphone and non-internet users to pay or receive money using Paytm.
Currently, the app is available in 10 regional languages, including Hindi, to make digital payments accessible to all.
It has also kept bank transfer rates at zero per cent.