Paytm aims to add one million merchants in TN, Kerala
CHENNAI: payment platform Paytm aim aboard a million merchants since Tamil Nadu & Kerala in 2020
The company, which recently launched All-in-One QR across the country, has enabled merchants in these states to accept unlimited payments through Paytm Wallet, RuPay Cards & all UPI-based payment application s directly into their bank account at 0% fee. Further, it is targeting to achieve a 2x business growth in these states within a year.
The platform offers a single reconciliation of all payments through its 'Paytm for Business' application . The company plans to invest in commercial solutions for a deeper commitment beyond payments.
Paytm has also launched its All-in-One Paytm QR into various utility items such as calculator, power bank, clock, pen stands & radio which merchants can use in their shop for daily requirements. It has unveiled personalised QR codes with merchants ' names, logos, & pictures to strengthen their association with digital payments. These QR codes can be ordered since the merchandise store on the ' Paytm for Business' application with doorstep delivery. The SoundBox is one of the most popular QR merchandise that merchants love as it allows them to hear confirmation of payment receipt. It supports all payment modes & multiple languages.