Paytm’s iconic QR code and Soundbox have transformed in-store payments for millions of merchants
Aug 31, 2023, 12:16 IST
Through their technology and innovation-led products and services, Paytm has been able to build immense trust among merchants. Paytm’s brand’s popularity has become synonymous with digital payments and this is all because of the millions of merchants and consumers who are using their products and services.
Paytm QR and Paytm Soundbox are successfully solving the requirements of the merchants and are catering to their payment-related concerns too, thus winning their confidence and love. These iconic products are being used by merchants in every nook and corner and offer a wide range of use cases. They are also easy to operate and make payments within seconds.
Showing great trust and confidence in their QR code, flower sellers in Mysore are using it to accept money in return for the flowers. The interesting part is, that the sellers are not even physically present at the store. All that the customers need to do is scan the code, pay the amount, and take a flower mala. Informing about the same, a Twitter user shared a post saying, “Brand trust is spreading to service trust too. In Mysore, flower sellers are not even present at the shop. You pay and take a flower mala. We are becoming something like Swiss.”
With the help of our QR Code and Soundbox, we have helped millions of merchants grow their business. From street vendors, and shop owners to fruit and flower sellers, Paytm’s products have simplified the lives of many users by fostering financial inclusion and bringing digital empowerment to every nook and corner of the country.
Meanwhile, another Twitter user shared over the social media platform about a tea vendor who is accepting payments via QR Code. Sharing a picture of the vendor, he wrote, “Digital India.. Tea vendor with QR code”.
Similar to this, one more Twitter user informed that a local tea seller who comes to his office twice a day to sell tea carries a Paytm Soundbox with him for the payments. “Local Tea seller who comes to our office twice a day with Paytm machine,” the tweet read.
Paytm has been able to increase their consumer and merchant base with the help of technology-led products. As of July 2023, consumer engagement is at its highest on Paytm app with an average MTU of 9.3 crore, up 19% YoY. While 82 lakh merchants are now paying subscriptions for their payment devices, Paytm also continues to strengthen their leadership in offline payments.
Disclaimer : This article has been reproduced from Paytm's blog. The opinions expressed are those of the organisation and do not necessarily reflect the views of Business Insider India. For further details, you can get in touch with our team on insiderstudios@businessinsider.in
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Paytm QR and Paytm Soundbox are successfully solving the requirements of the merchants and are catering to their payment-related concerns too, thus winning their confidence and love. These iconic products are being used by merchants in every nook and corner and offer a wide range of use cases. They are also easy to operate and make payments within seconds.
Showing great trust and confidence in their QR code, flower sellers in Mysore are using it to accept money in return for the flowers. The interesting part is, that the sellers are not even physically present at the store. All that the customers need to do is scan the code, pay the amount, and take a flower mala. Informing about the same, a Twitter user shared a post saying, “Brand trust is spreading to service trust too. In Mysore, flower sellers are not even present at the shop. You pay and take a flower mala. We are becoming something like Swiss.”
With the help of our QR Code and Soundbox, we have helped millions of merchants grow their business. From street vendors, and shop owners to fruit and flower sellers, Paytm’s products have simplified the lives of many users by fostering financial inclusion and bringing digital empowerment to every nook and corner of the country.
Meanwhile, another Twitter user shared over the social media platform about a tea vendor who is accepting payments via QR Code. Sharing a picture of the vendor, he wrote, “Digital India.. Tea vendor with QR code”.
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Paytm has been able to increase their consumer and merchant base with the help of technology-led products. As of July 2023, consumer engagement is at its highest on Paytm app with an average MTU of 9.3 crore, up 19% YoY. While 82 lakh merchants are now paying subscriptions for their payment devices, Paytm also continues to strengthen their leadership in offline payments.
Disclaimer : This article has been reproduced from Paytm's blog. The opinions expressed are those of the organisation and do not necessarily reflect the views of Business Insider India. For further details, you can get in touch with our team on insiderstudios@businessinsider.in