LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Companies News

Paytm to invest Rs 500 crore to create digital awareness

Paytm is hoping to cover one crore merchants across the country in the next three to six months from the existing 60 lakh merchant partners for the Quick Response (QR) code-based payments.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Paytm to invest Rs 500 crore to create digital awareness
Paytm would conduct merchant training and awareness initiatives to scale up its operations across the country. Image source: Official website
Updated: Thu, Jan 25, 2018
05:14 pm
PTI
RELATED NEWS
LPG gas cylinder price: Get cylinder for just Rs 9? Rs 800 discount? Paytm cashback offer EXPLAINED   LPG gas cylinder price: Get cylinder for just Rs 9? Rs 800 discount? Paytm cashback offer EXPLAINED
Paytm payments bank leads in Wallet, FASTag, UPI, bill payments and domestic money transfers Paytm payments bank leads in Wallet, FASTag, UPI, bill payments and domestic money transfers
Amazon Pay, Paytm, PhonePe, MobiKwik, PayU and Ola Pay – 3 GAME-CHANGERS for you Amazon Pay, Paytm, PhonePe, MobiKwik, PayU and Ola Pay – 3 GAME-CHANGERS for you
BIG change! Keep Rs 2 lakh in your wallet now - Amazon Pay, Paytm, PhonePe, MobiKwik, PayU and Ola Pay BIG change! Keep Rs 2 lakh in your wallet now - Amazon Pay, Paytm, PhonePe, MobiKwik, PayU and Ola Pay

Mobile wallet Paytm platform would invest Rs 500 crore in 2018 to conduct merchant training and awareness initiatives to scale up its operations across the country.

Paytm is hoping to cover one crore merchants across the country in the next three to six months from the existing 60 lakh merchant partners for the Quick Response (QR) code-based payments, an official said here on Thursday.

"In the last one-and-half year, we have 6 million merchants on board and we want to take this to one crore within a quarter or two from now", Paytm vice-president Amit Veer said.

He said that the rate of adoption would increase further as our merchants can now accept payments from the Paytm (wallet), UPI (Unified Payments Interface) or cards at zero cost, he told reporters here today.

Company's QR-based payment solution supports all payment methods including credit or debit cards, net banking, Paytm-BHIM UPI and its wallet, Veer said.

He said the average ticket size of the transactions on the Paytm platform was also expected to go up.

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
PaytmMobile wallet platformmobile walletMerchant trainingPaytm operationsindiaQuick ResponseQR codeIT
RELATED NEWS
LPG gas cylinder price: Get cylinder for just Rs 9? Rs 800 discount? Paytm cashback offer EXPLAINED   LPG gas cylinder price: Get cylinder for just Rs 9? Rs 800 discount? Paytm cashback offer EXPLAINED
Paytm payments bank leads in Wallet, FASTag, UPI, bill payments and domestic money transfers Paytm payments bank leads in Wallet, FASTag, UPI, bill payments and domestic money transfers
Amazon Pay, Paytm, PhonePe, MobiKwik, PayU and Ola Pay – 3 GAME-CHANGERS for you Amazon Pay, Paytm, PhonePe, MobiKwik, PayU and Ola Pay – 3 GAME-CHANGERS for you
BIG change! Keep Rs 2 lakh in your wallet now - Amazon Pay, Paytm, PhonePe, MobiKwik, PayU and Ola Pay BIG change! Keep Rs 2 lakh in your wallet now - Amazon Pay, Paytm, PhonePe, MobiKwik, PayU and Ola Pay
Success of Vijay Shekhar Sharma-led Paytm reaches US! Harvard team creating similar app for Americans Success of Vijay Shekhar Sharma-led Paytm reaches US! Harvard team creating similar app for Americans

LATEST NEWS

Anil Singhvi picks Jubilant Industries as his 'SIP STOCK' today, know the reason WHY

Stocks to buy with Anil Singhvi: Sandeep Jain recommends Bharat Bijlee today - Big Money Tip

KVS Admission List 2021-22: Provisional selection list for class 1 to be released today POSTPONED, revised date to be notified on kvsonlineadmission. kvs.gov.in soon - check details here

CBSE Board Exam 2021 Class 12: Students DON'T MISS this LATEST UPDATE on REVISED DATESHEET - check all details here

CBSE Class 10 Board Exam 2021 Result: BIG NEWS! Students DON'T MISS this LATEST UPDATE - all details here

7th Pay Commission: Central government employees' salary, allowance update—what will change from July

Gold price today 23-04-2021: Expert suggests buying at around Rs 47650 for target of Rs 48200

Shravan Rathod of Nadeem-Shravan fame DIES due to Covid 19-related complications

CBSE Board Exams 2021: Students DON'T MISS this BIG UPDATE on objective criterion and the new assessment and evaluation practices

Maharashtra hospital fire: 13 die in Virar ICU blaze

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved