Paytm is digging over other payment apps by launching “All-in-One” QR codes for merchants that enable unlimited payments through Paytm Wallet, Rupay cards, and any UPI app at zero transaction fee.
One97 Communication official launch in an event at New Delhi announced the new QR codes for merchants throughout the country. The company also integrates the All-in-One QR code into various utility items like clock, calculator, and power bank that can be used by merchants on a daily basis.
The QR code can be ordered for doorstep delivery from the merchandise store of the Paytm Business App. Merchants can also use personalized QR Codes with their name, image and logo too. This become the first product that can accept payments from Rupay Debit Cards.
At the forefront of the payment revolution, we are very proud to launch an encompassing All-in-One QR for businesses. The All-in-One QR is a must-have business tool as it is only payment QR that allows merchants to accept payments from Paytm wallet, all UPI apps, and cards.
Vijay Shekhar Sharma, CEO, Paytm
The digital payment giant also unveils “Paytm Business Khata” that works with the All-in-One QR codes. It will help merchants to store their transaction information on a digital ledger. Merchants can also enable due date for credit to send automated reminders to customers so that they can see the due payment and can pay through the same link.
Reserve Bank of India (RBI) recently mandated that businesses need to offer customers digital payment options with low transaction charges like UPI. Not only the static All-in-One QR code launches but also a dynamic one too. Paytm unveils a digital dynamic display with a 3.5-inch display that can be integrated with any POS system and Windows or Linux platform. Paytm Soundbox is also launched that can tell you the payment confirmation.
