Paytm‘s new business merchandise service sees 2 lakh orders in 2 weeks

By

Isabelle Crossley

Published
Feb 4, 2020

Online payments platform and e-commerce business Paytm has seen high demand for its new business merchandise offerings, with around 20,000 orders a day and two lakh sales in two weeks.

 
Paytm recently launched Paytm QR merchandise for businesses with products including power banks, clocks, calculators, and pen stands, among others, designed to aid the daily running of business. Paytm has seen a strong response, as an increasing number of small businesses across industries seek to further link themselves with online payments. 
 
"Small and medium businesses owners and shopkeeper[s] now have the convenience of having the best of technology available in the language of their choice to handle day to day operations," said Paytm’s vice president Sajal Bhatnagar, Indo-Asian News Service reported. 

The merchandise can be purchased from Paytm’s ‘Paytm for Business’ app, which delivers directly to businesses’ doorsteps. Merchants can also customise their Paytm QR merchandise with their own logos and names etc to show their connection to digital payments. The service also has an increased focus on regional languages and the business’ new ‘Soundbox’ voice-enabled IOT device can operate in a wide range of local languages. 
 
"Our QR code offering along with the merchandise options answer very specific needs in the merchant community,” said Bhatnagar. “The objective is to have a product for every single merchant type across the country."