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Paytm: Launches QR Code System For Multi-Platform Payments | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Paytm: Launches QR Code System For Multi-Platform Payments

Paytm: Launches QR Code System For Multi-Platform Payments

  • Paytm confirmed its business app now features a comprehensive QR code system operating on multiple platforms
  • Businesses have been very interested in one QR code that understands multiple payment apps, also said Vijay Shekhar Sharma
  • Paytm’s new QR codes also operate through the popular Rupay cards
  • Merchants can stick these QR codes on battery packs and chargers to enable fast user transactions
  • Sharma’s announcements confirm Paytm’s aggressive also push to expand its service
  • Credit Suisse estimates India’s payments market value at $1 trillion over the next four years

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