Key Points
Prime Minister Narendra Modi demonstrated the power of mobile payments by making a purchase using Paytm's QR code seamlessly on Friday, to pay a local artisan..
This highlights how mobile payments can enhance traditional craftsmanship...
As PM Modi bought an artefact of Bhagwan Jagannath from a Vishwakarma craftsman and paid via Paytm QR, it showcased not only the significance of the crafts but also the role of fintech in empowering small merchants and fostering increased trust in mobile payments...
Paytm, Indias leading payments and financial services distribution company and the pioneer of QR codes, soundboxes, and mobile payments, plays a vital role in empowering small merchants across India by offering innovative payment solutions that enhance their business operations...
The Paytm QR code allows merchants to accept payments instantly, reducing the dependency on cash and improving overall transaction efficiency.. Recently, Paytm expanded its innovative payment solutions with the launch of Indias first next-generation device, the Paytm NFC Card Soundbox..
