Advertisement
Paytm today introduced its latest Internet of Things (IoT) based payment devices, Soundbox 2.0 and Paytm Smart POS for Android phones. The company has expanded into IoT payment devices with Paytm All-in-One Android EDC devices, All-in-One Android Pocket POS, Soundbox among others. The company is on a mission to bring 5 crore merchants into the mainstream economy and equip businesses with 50 lakh IoT devices over the next few years.
Paytm Soundbox has played a pivotal role in establishing digital transactions as a safe & secure mode of payments, enhancing the trust of businesses and consumers to move digitally. With this IoT-based device, merchants do not need to keep checking their mobile phones for confirmation helping in increasing efficiency and reducing queues & customer waiting time on the shop floor. Instant voice-based confirmations of payments help merchants keep track of all transactions protecting them from getting duped by customers showing fake screens and
March 01, 2021
Registers highest growth in offline payments & financial services Paytm, a digital financial services platform, on Monday said that it has achieved over 1.2 billion monthly transactions led by the massive growth in offline payments and financial services.
With this achievement, the platform has consolidated its leadership position as the largest digital enabler promoting all payment methods including Wallet, UPI, cards and net-banking.
Paytm, which has over 150 million monthly active users, continues to lead with the highest market share in offline merchant payments with 15 per cent month-on-month growth.
Narendra Yadav, Vice President - Paytm said in a statement, “We are humbled by the trust India has shown in us and made Paytm their preferred digital payments and financial service provider. We have consistently maintained industry-leading market share and growing at an impressive rate.”
Updated:
March 01, 2021 11:01 IST
Digital financial services firm, which has over 150 million monthly active users, said that it had made deep inroads into the grassroots of the country
Share Article
AAA
Digital financial services firm Paytm on February 28 said it achieved over 1.2 billion monthly transactions on its platform.
Digital financial services firm, which has over 150 million monthly active users, said that it had made deep inroads into the grassroots of the country
Digital financial services firm Paytm on February 28 said it achieved over 1.2 billion monthly transactions on its platform, driven by growth in offline payments and financial services.
“We have been promoting all digital payment methods giving multiple choices to consumers that have helped us in consolidating our leadership position. In fact, a large percentage of our users who started their digital journey with Paytm, have now adopted & embraced our financial services,” Narendra Yadav, Paytm v