Paytm introduces mobile app (PoS) for small and medium sized merchants, allowing them to accept all kinds of card payments.
On an occasion, Vijay Shekhar Sharma, Founder and CEO of Paytm said:
Paytm claims that near about 40,000 merchants are signing up in a day and is expected to hit 70000 per day. And they will not charge any fee for this till 31st Decemeber.
Merchants are supposed to self declare themselves in Paytm and should provide bank details, then they can accept all credit and debit cards.