Now Paytm shoppers via credit or debit card payment

07:46
Now Paytm shoppers via credit or debit card payment


Wednesday Paytm your app POS (point of sale) systems announced. This app now Paytm shopper will be able to pay by credit or debit card through. Paytm said at the launch in India, only 14 million POS machines do exist. He is confined to pockets of the country.

New app POS credit or debit card through a small trader also be able to pay, the longer the credit or debit card swipe machine will not have to expensive. Everything will be via smartphones.

These will work
Paytm merchant account so you do not have to write the bill will call you later. Here you need to enter card details. OTP will then register the mobile number. Write it on the app will be completed and payment. It might be a little disturbing. But help petty traders would avoid the cost of swipe machines. His work will be completed only through smartphones.

Paytm said the point of the system in the latest app is active. Traders who are already paying through Paytm, location and convenient for them to become. Notably, the central bank now KYC 50,000 without permission to transfer to the bank account given.

The company making the payment through POS service can be active in just 5 minutes. For this, you will go on Paytm.com/business page. Then tell yourself business. The bank account details and start taking payments. New faces on POS machines, payment via Visa and MasterCard said. Paytm said that December 31 will not have the transaction. Traders who use POS app will be able to pay up to Rs 50,000. After that will require KYC.


POS feature now available on the Android version. Soon it will be available on the iOS platform. Paytm said that he has 15 million to 80 million users. The transaction is Rs 30,000 crore annually. She hopes that the app is launched after POS Rs 1 crore 50 lakh traders and join in a week.

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