Friday, February 26, 2021
Home India E-commerce platform Paytm will enable 5 Million merchants to leapfrog to Digital...

E-commerce platform Paytm will enable 5 Million merchants to leapfrog to Digital payments in 2017

The team is conducting sessions and workshops across schools, colleges, village panchayats and trade bodies

New Delhi, December 27, 2016: Announcing that it will enable five million merchants to leapfrog to digital payments in 2017, mobile payment and e-commerce platform Paytm on Tuesday launched an array of new features to enhance security and increase usability both for consumers and merchants.

The company has also started working upstream with distribution networks in order to enable merchants who accept Paytm do business with their suppliers as well.

NewsGram brings to you latest new stories in India.

“While our field teams work on educating and onboarding merchants to accept Paytm, we understand that it is a need for our retailers to also be able to pay their suppliers digitally and we are working towards that,” said Sudhanshu Gupta, Vice President, Paytm, in a statement.

In the last 45 days, Paytm has introduced several new features to enable every Indian accept and pay using Paytm. The app is now available in Hindi, Tamil, Telugu, Gujarati, Marathi, Bengali, Kannada, Malayalam, Oriya and Punjabi.

Go to NewsGram and check out news related to political current issues

To provide additional safety to the users, Paytm launched an ‘App Password’ feature on Android, wherein users can set a secure pin, password, pattern or fingerprint as a means to ensure money stored in the Paytm wallet remains safe even if the owner’s phone is lost or misplaced.

The company has also introduced a toll-free number to enable feature phone and non-internet users to go cashless with Paytm.

Earlier this week, Paytm announced a 100-member ‘merchant helpdesk’, saying that it will invest Rs 50 crore towards educating merchants on digital payments across the country.

Look for latest news from India in NewsGram.

Paytm is also setting up awareness camps in various districts to help the country go cashless.

The team is conducting sessions and workshops across schools, colleges, village panchayats and trade bodies to serve the dual purpose of informing customers about the benefits of digital payments and tap into the widest set of merchants across the country. (IANS)

STAY CONNECTED

19,120FansLike
362FollowersFollow
1,773FollowersFollow

Most Popular

Cyberattacks Per Healthcare Organization Jumped 37 Percent In The Last 12 Months

Cyberattacks on hospitals and healthcare organizations have emerged as a top hacker trend in 2020, as monthly cyberattacks per healthcare organization jumped 37 percent...

Zoom App To Launch Automatic Closed Captioning Feature

Video conferencing app Zoom said it is working towards making "automatic closed captioning" available for all the free account holders to make the service...

B-Town Producers Don’t Have Investment, Talent as OTT Platforms Have: Abhay Deol

Bollywood producers neither have the money nor talent to cater to audiences who want something beyond the popular and the mainstream, claims actor Abhay...

How Delhi Police Reunited a Divyang Person With His Family Based on Just One Word “Hospital”

The Delhi Police reunited a 30-year-old divyang person with his family following a lead based on just one word - Hospital. On the intervening night...

COVID Lockdown Lead To Increase in The Cases of Domestic Violence: Study

While Covid-19 related lockdowns may have decreased the spread of a deadly virus, they appear to have created an environment for increased domestic violence,...

Number Of Digitally Skilled Workers To Grow 9X In India By 2025

The number of workers in India requiring digital skills will need to increase nine times by 2025, and the average worker will need to...

The Union Government Releases New Guidelines For Social Media, OTT

The Union Government on Thursday came up with new stringent guidelines for social media platforms along with a code of ethics for over-the-top (OTT)...

Businesses In India To Implement Robotic Process Automation By 2024

Nearly half of all businesses in India will implement robotic process automation (RPA) by 2024, said an IDC study on Wednesday. The study commissioned...

Recent Comments