Paytm Partners with Jana Small Finance Bank for Deployment of Card Devices, Aims to Further Drive Digitisation Among Merchants

byDilip PrasadLast Updated: October 14, 2022
Paytm partners with Jana Small Finance Bank for deployment of Card Devices, aims to further drive digitisation among merchants

We have partnered with Jana Small Finance Bank to deploy card machines to further drive digitisation among merchants across the country. With this partnership, we will jointly drive the digital payments revolution in India.

Our card machines have been an agile solution for seamless payments, providing multilingual support to merchants partners to accept payments through UPI, credit/debit cards, net banking, international cards, Paytm Postpaid, Paytm Wallet and EMI. The devices also offer instant voice alert and instant settlement, which drives convenience for the merchant partners.

With over 4.5 million devices deployed, we continue to be the market leader in offline payments. Our EDC devices and All-in-One POS devices have revolutionsed digital payments in India with their flexibility of accepting multiple payment methods, integrated billing and instant settlement. This partnership will enable Jana Small Finance Bank bank to extend our All-in-one EDC machines to existing and potential customers, providing a one-stop solution for all their digital payment needs.

“We have been at the forefront of India’s digital revolution with technology-led innovations, empowering millions of Paytm users. 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.”

Bhavesh Gupta, CEO – Lending & Head – Payments, Paytm

“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.”

Ajay Kanwal, MD & CEO, Jana Small Finance Bank Spokesperson

Our card machines offer a comprehensive payment solution that allow merchants to accept payments with multi-payment architecture. We have partnered with leading banks and provide merchants with a GST compliant billing system. With integrated billing and payments, customised solutions and single reconciliation, our All-In-One POS device has been a game changer in everyday business of merchants.

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