Friday, June 21

Tag: QR Code

Paytm To Introduce Offline PoS System For Merchants
News

Paytm To Introduce Offline PoS System For Merchants

Online payments firm Paytm, run by One97 Communications Pvt. Ltd. is supposedly planning to soon introduce offline physical point-of-sales (PoS) terminal for its merchant customers. After QR code feature, Paytm is now enabling cards payments at merchant locations. According to the reports, it is being anticipated that will bring in two types of PoS terminals : - Traditional PoS terminals, which work on GPS or landline.   - Mobile PoS terminals, which mostly work through a smartphone.    “The idea is to offer users all forms of digital payments. What Paytm is doing through UPI encouraging bank-to-bank transfers, this is something similar to where they are entering into all forms of digital payments through PoS,” the report stated. “Paytm already has QR payment faci...
Decoding World’s First Interoperable Quick Response (QR) Code BharatQR
BLOGS

Decoding World’s First Interoperable Quick Response (QR) Code BharatQR

Bharat QR, the world’s first interoperable Quick Response (QR) code acceptance solution, has been developed by Mastercard in collaboration with National Payments Corporation of India (NPCI) and Visa. American Express is also on board to adopt these standards. The payment solution is expected to revolutionize the payments landscape altogether, besides driving greater acceptability and adaptability among the masses with its inherent ease of use and low cost of deployment. We are decoding BharatQR in 6 easy steps for consumers to understand the new payment method:
Now Paytm QR Code Based Payments For Cashless Transaction
News

Now Paytm QR Code Based Payments For Cashless Transaction

Paytm has introduced another innovative feature which would enable more people to shop around cashless. Now pay online to big mega stores, in malls or the cab driver or may be the vegetable vendor in your neighborhood by Paytm QR code. The QR code or the Quick Response code is a machine readable bar code that stores private information about a customer. The users will just need to scan the QR codes of merchants, enter the amount & approve the payment. The merchants' QR codes will contain only the merchants' name and account information. Paytm is moving quickly and its efforts to bring value to the Indian economy and its customers in an attempt to achieve the goal of cashless transactions in India. Paytm's endeavor has been to facilitate both online & offline payments. The ...