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Paytm: Application Launched For Small and Medium Business to Accept Digital Payments

Paytm has launched the Paytm for Business App on Andriod Play Store

The Paytm for Business app allows merchants to sign up quickly and get a Paytm QR code to start accepting digital payments, said the company and will now enable merchants to manage their day to day payments and day-end reconciliations.

Application launched to accept digital payment

Kiran Vasireddy, COO Paytm stated, We are committed to building the best payments infrastructure for our Merchant partners. Our Paytm for Business app is another step towards simplifying payments for the country's vast and diverse business partner community. It will make managing day-to-day business operations simpler for our partner merchants and offer them the peace of mind that comes with having a dependable one-stop solution. All needs ranging from seamless acceptance of various payment modes to day-wise settlement summary have been taken care of.

The application by Paytm, available in 10 regional languages, enables merchants to generate a Paytm QR instantly, print it and start using it at their shops to accept unlimited payments directly into their bank accounts at 0 per cent charge.

The move follows the recent announcement by popular instant messaging service Whatsapp to introduce a separate app that small businesses can use to accept digital payments.

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