Paytm and Axis Bank Partner to Offer POS Solutions and Card Payment Devices.
Banking & Finance
Fintech firm One 97 Communications, Paytm's parent company, has teamed up with Axis Bank to provide point of sales solutions and card payment machines to banks and merchants. Paytm's EDC devices offer store management services like inventory management and CRM. The partnership aims to enhance transaction efficiency, store management, and customer engagement, benefiting both companies. Axis Bank sees this collaboration as a way to expand their merchant acquiring portfolio and offer more payment solutions.
The partnership will streamline payment processes for merchants, enhancing their operational efficiency and customer satisfaction.
Paytm and Axis Bank aim to leverage advanced technology to provide secure and reliable payment solutions.
CEO: Vijay Shekhar Sharma
Headquarters: Noida, India
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