Paytm Launches 'All-in-One' QR Code that Supports Any UPI App & Rupay Cards

Paytm is taking direct aim at BharatPe, which facilitates digital payments via QR codes at local kirana shops and businesses, with the official launch of its new "All-in-1" QR code product. The digital payments giant announced this new QR code production at an effect in New Delhi.

This new "All-in-Ane" QR lawmaking production integrates some of the most commonly used payment platforms in Republic of india including Paytm wallet, whatsoever UPI app, and fifty-fifty Rupay debit cards. Yes, this is the first product to accept payments via Rupay debit cards. This ways y'all tin can simply scan this new QR code using Paytm to pay via your wallet, any other UPI-enabled app (such as Google Pay, PhonePe, or WhatsApp) or a cyberbanking app's scanner to pay via your Rupay debit bill of fare.

Paytm'due south New All-in-One QR Code

Paytm has debuted the 'All-in-1' QR code after RBI recently mandated that businesses (with an annual turnover of more than than Rs. 50 crores) need to offer customers low-toll digital payment options, including BHIM UPI, UPI QR Code, Aadhaar Pay, and debit cards, & more.

The highlight of baking these payment options in a customer-centric solution comes in the grade of zero per centum (0%) fee being levied on merchants. Yes, a major benefit of Paytm's 'All-in-I' QR code is that no Merchant Discount Rate (MDR) fee will be levied on either on the client or merchant. The government has taken this step to boost the use of digital payment solutions, especially its own UPI payments platform in India.

Notation : Merchant Discount Rate, or MDR, for those unaware, is the charge that a business concern has to pay to the banking company for accepting payments via digital means. Only, it is no longer the instance and should consequence in an influx in digital payments, thus, making businesses in Bharat more transparent.

Dynamic 'All-in-One' QR Code

Paytm has not merely launched a static "All-in-One" QR lawmaking product only likewise unveiled its first-ever product with a Dynamic QR brandish. As you can see below, the Paytm QR lawmaking stand integrates a 3.5-inch display at the center. It connects with your arrangement (be it Windows and Linux) to display a dynamic QR lawmaking for single orders

Paytm SoundBox

Too, Paytm is looking to assistance businesses improve business efficiency with the launch of Paytm SoundBox. It integrates the 'All-in-One' QR code at the centre and will speak out loud the final transaction, that too in multiple languages almost instantly. Merchants can at present go on an ear out for the payment instead of repeatedly reaching out for the telephone.

I recently came across the Paytm SoundBox at a local eatery and the spoken payment confirmation will take y'all by surprise. But, information technology'due south an amazing product for any business organization with a larger influx of customers.

Paytm QR Merchandise

Finally, Paytm is also looking to permit merchants to customize their "All-in-One" QR lawmaking and has today launched QR merchandise. Instead of the standard stand up, businesses can choose to order a customized stand with a radio, figurer or message. You can add the business name to the stand up as well. But, if you are looking for something fancy, yous can also get the brandish stand with Ganesha, All-in-One QR lawmaking pen stand up or keychain.

So, if you are not a Paytm user (which is highly unlikely) then you tin yet browse the new All-in-1 QR code to complete payments at the local kirana store or other shops. It's a super useful solution for businesses every bit they no longer demand to put up multiple QR codes from different digital payments service providers.

Source: https://beebom.com/paytm-all-in-one-qr-code-launched/

Posted by: hidalgodrelvel.blogspot.com

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