Payments News

Global

Paytm Rolls Out All-in-one Payment Device

“Paytm, India’s leading digital payments player, unveiled new products to target businesses and ward off rising competition from Google Pay, Walmart Inc.-owned PhonePe and Amazon Pay. Paytm introduced a stand that displays QR check-out codes that comes with a calculator and USB charger, a so-called sound box that provides voice confirmations of transactions, cloud software to streamline inventory management, and a point-of-sale device with built-in scanner and printer. The latter accepts payments through debit and credit cards as well as as Paytm and rival apps.”