Online mobile wallet Paytm will invest Rs 600 crore to set up QR code-based payment solution across the country.
QR codes are machine-readable codes consisting of an array of black and white squares, typically used for storing website links or other information that can be read by a smartphone camera.
Paytm is investing in scaling up manpower, technology, and merchant education so that merchants can accept digital transactions.
“Paytm’s QR code-based payment solution is already powering more than five million merchants today and is heavily used by consumers to pay in their everyday lives at mom-and-pop stores,
QR codes are machine-readable codes consisting of an array of black and white squares, typically used for storing website links or other information that can be read by a smartphone camera.
Paytm is investing in scaling up manpower, technology, and merchant education so that merchants can accept digital transactions.
“Paytm’s QR code-based payment solution is already powering more than five million merchants today and is heavily used by consumers to pay in their everyday lives at mom-and-pop stores,

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