Paytm launches unified QR code for merchants to enable unlimited payments

Paytm, India’s leading digital payments company, Wednesday announced the launch of its all-in-one QR for merchants across the country.

The QR code will enable business to accept unlimited payments through Paytm Wallet, Rupay Cards and all UPI-based payment apps directly into their bank account at zero percent fee, Vijay Shekhar Sharma, Paytm founder and CEO said at the launch.

The platform offers a single reconciliation of all payments through its ‘Paytm for Business’ app, Sharma added.

“We are very proud to launch an encompassing all-in-one QR for businesses. The all-in-one QR is a must-have business tool as it is only payment QR that allows merchants to accept payments from Paytm wallet, all UPI apps, and cards,” Sharma told news agency PTI.