Digital payments major Paytm’s annualised gross transaction value (GTV) crossed $20 billion (about Rs 1.3 lakh crore) in February, a fourfold increase from March 2017 as it captured a bigger share of consumer spending across areas such as travel and movie ticketing. Paytm is also on track to register one billion transactions every quarter, based on the number of transactions the platform recorded in February, said chief operating officer Kiran Vasireddy. “Last year, we were doing $5 billion worth of transactions, which has now grown to $20 billion,” he said.