Paytm comes with All-in-One QR & Android POS device
Paytm is leveraging on technology to strengthen its association with the 16 million merchant partners across the country. The company has unveiled the innovative technology solutions to strengthen its merchant payment offerings with the All-in-One Android POS device, All-in-One QR, Paytm for Business app and Paytm Business Khata.
Paytm for Business app for merchant partners
Paytm for Business App is a breakthrough in merchant payments that enables large and small businesses to track and pay all their payments from one place. Businesses can use APIs or Paytm for Business Dashboard to make bulk payments to Paytm Wallet, Bank Accounts and UPI addresses instantly. With this, the company aims to simplify and digitize payments for both B2B and B2C players who make regular payments to a large number of receivers.
Paytm for Business Khata to manage credit & cash sales
The newly launched 'Paytm Business Khata' is integrated into Paytm for Business app. Created to cater all types of business, Paytm's Khata allows merchants to set payment due date for credit transactions, send automated reminders and payment notifications, further improving the efficiency of their business thus saving their valuable time. Merchants can also download reports for easy verifications, track daily sales/business growth and collect payments from customers via UPI or wallet at no extra cost.
Pioneering offline payments with Paytm All-in-One QR
Paytm successfully pioneered the QR based payments technology in India and took it to the grassroots of India. It has now upgraded its product with All-in-One QR which accepts payments from Paytm Wallet, Rupay Cards and all UPI-based platforms, thereby making the process of receiving payments easier and hassle-free for shopkeepers. Merchants no longer need to keep several QRs from different companies, as customers can simply scan the Paytm All-in-One QR to make payments from any of their preferred payment platforms.
India's first 'Paytm All-in-One Android POS Device' with in-built cloud technology & supports GST filing
All-in-One Android POS provides a host of services to merchants including 'loyalty solutions', EMI options and brand offers. The cloud software besides accepting payments helps merchants to generate GST compliant bills, manage all transactions and settlements through their 'Paytm for Business' app and ‘Paytm Business Khata’. Restaurant Management can accept orders of individual tables and directly relay them to the kitchen can also generate and maintain separate bills for every table in the outlet.
With TicketNew and Insider.in event organizers, as well as movie halls, can directly issue tickets with the All-in-POS android machine and accept payments.
Paytm Merchandise for shopkeepers
Paytm has also launched its All-in-One Paytm QR 'Paytm for Business' app that has unveiled personalized QR codes with merchants' names, logos, and pictures to strengthen their association with digital payments. The soundbox is one of the most popular QR merchandise that merchants love as it allows them to hear confirmation of payment receipt, supported by all payment modes and multiple languages.
"Our team has put a lot of effort into understanding the merchant's requirement for digital payment acceptance at their stores. Paytm has pioneered the QR based payments in India and we are now taking the next leap by introducing bouquet of services for our merchant partners. Our ambition is to increase the digital payment acceptance and it becomes our utmost responsibility to offer seamless payment solutions that support each of the payment methods. We are a technology company and have utilized it to build an array of new products such as Paytm for Business app, Paytm Business Khata and many more. At the forefront of the Digital India mission, we have revolutionized merchant payments with All-in-One QR & All-in-One POS device that allows merchants to accept payments from Paytm wallet, all UPI apps, cards and most importantly Cash. Our technology teams invest a lot of time in understanding customer behaviour to build superior and seamless products," said Sajal Bhatnagar, Vice President - Paytm.