Categories: Banking

Paytm tie-up with Jana Small Finance Bank for deployment of card devices

Paytm brand has partnered with Jana Small Finance Bank to deploy card machines to further drive digitisation among merchants across the country. This partnership will enable Jana Small Finance Bank to extend Paytm’s All-in-one EDC machines to its existing and potential customers, providing a one-stop solution for all their digital payment needs. With over 4.5 million devices deployed, Paytm remains the market leader in offline payments. Paytm’s EDC devices and All-in-One POS devices have revolutionised digital payments in India with their flexibility of accepting multiple payment methods.

Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks

Features of card machines:

  • Paytm’s card machines provide a feature-rich payments solution that has enabled a robust growth of businesses for our merchant partners. This partnership will help expand our reach and deploy card machines across India’s small cities and towns.
  • This partnership is in line with our vision to become the leading digitised bank of aspirational India to further financial inclusion in the country.
  • MSME is a key priority for our Bank and we serve their needs in 150 cities. Our offerings are digital and this relationship with Paytm will further enhance our services to our customers.
  • Paytm’s card machines provide multilingual support to its merchant partners to accept payments through UPI, credit/debit cards, net banking, international cards, Paytm Postpaid, PaytmWallet and EMI. The devices also offer instant voice alerts and instant settlement, which makes merchant partners convenient.

Important takeaways for all competitive exams:

  • MD and CEO of Paytm: Vijay Shekhar Sharma;
  • Paytm Founded: August 2010;
  • Paytm Headquarters: Noida, Uttar Pradesh, India.

Find More News Related to Banking

Sumit Arora

Recent Posts

IPL 2025 Schedule: BCCI Announces IPL Schedules for 2025, 2026, and 2027 Seasons

The Board of Control for Cricket in India (BCCI) has made a bold and significant…

9 hours ago

Which District of Madhya Pradesh is Famous for Rang Panchami Festival?

Madhya Pradesh, a state rich in culture and traditions, celebrates many colorful festivals. One of…

9 hours ago

Ustad Bismillah Khan Yuva Puraskar For 2022 and 2023

The Ustad Bismillah Khan Yuva Puraskar (UBKUP) is a prestigious award instituted by the Sangeet…

10 hours ago

Top 10 Most Sustainable Economies in 2024: India’s Position Explained

The Sustainable Trade Index 2024, jointly published by the Hinrich Foundation and IMD, highlights the…

10 hours ago

Who is Known as the Frontier Gandhi?

The title "Frontier Gandhi" refers to Khan Abdul Ghaffar Khan, a prominent leader from British…

11 hours ago

India Hosts First Global Cooperative Conference in 130 Years

India will host the International Cooperative Alliance (ICA) Global Cooperative Conference in New Delhi from…

12 hours ago