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

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.

Recent Posts

GK Quiz on Dr. B.R. Ambedkar, Questions and Answers

Dr. Bhimrao Ramji Ambedkar, also known as the "Father of the Indian Constitution," was a…

2 hours ago

List of RBI Governors of India 1935 to 2024

The RBI Governor is the Chief Executive Officer of the Central Bank of India and the…

3 hours ago

Chaudhary Charan Singh Biography- Age, Political Career, Contributions and Awards

Chaudhary Charan Singh (23 December 1902 – 29 May 1987) was a prominent Indian politician…

3 hours ago

What is the Old Name of Rajasthan?

Rajasthan is a state in north-western India, known for its rich history, beautiful palaces, forts…

3 hours ago

PV Sindhu Biography- Age, Marriage, Career, Records and Net Worth

PV Sindhu is one of India's most celebrated badminton players, known for her exceptional skills,…

4 hours ago

Top-10 Most Expensive Woods in the World, Check the List

Wood is a natural material used in furniture, tools and decoration. It comes from trees…

4 hours ago