Paytm to invest $77mn to promote QR payments among merchants
Paytm is planning to invest $77 million (about â¹500 crore) to promote QR code payments among offline merchants, allowing them to accept unlimited payments directly to their bank accounts at 0% charge. The startup also announced that the fund transfer will take place in real time. Paytm will also conduct merchant training and take awareness initiatives to achieve the same.