Merchants Alert – Paytm, has announced that merchants can now receive unlimited payments through Paytm Wallet at 0% fee, along with UPI and Rupay Cards. The move will benefit more than 17 million merchants who will enjoy a 0% fee on all their digital payments with direct settlement in their bank accounts.
“This revolutionary move by Paytm will provide merchants with a single point of reconciliation for all their payments. Merchants will no longer require multiple QRs at their counters. All they need is Paytm ‘All-In-One QR’ to accept payments from Paytm wallet, Paytm UPI, or any other UPI app,” a company statement said.
Commenting on the development, Kumar Aditya, Sr. Vice President, Paytm said, “We are empowering our merchant partners across the country to accept wallet payments and get them directly into their bank account without worrying about the charges. The move will help merchants save more with every transaction. Now they can transact without any limits, all through a single QR……Read More>>