Paytm rolls out "All-in-One" QR payment for local retailers

Thursday 9 January 2020 09:28 CET | News

Paytm has announced “All-in-One” QR, a consolidated QR payment for local retailers in India.

The “All-in-One” QR will allow vendors to handle unlimited transactions conducted via the Paytm Wallet, Rupay Cards and all UPI based payment apps directly into their bank account, without having to pay transfer fees. The platform provides a single reconciliation of all payments via the “Paytm for Business” app.

The QR will assist retailers in managing their payments and allow them to view and keep track of all their transfers in one place. Retailers may also access several different business services and financial products including insurance packages and loans.

Retailers will receive personalized QR codes, with their names, company logos, and photos in order to strengthen their association with virtual payments. The QR codes may be ordered via the merchandise store on the “Paytm for Business” app.

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Keywords: Paytm, QR payment, retail, local payment
Categories: Payments & Commerce
Countries: India
This article is part of category

Payments & Commerce