We have launched a new print advertising campaign to reassure users and merchants that our QR, Soundbox and card machine will continue to work ‘today, tomorrow, and always’.
From the FAQs, point no 21:
Q: I am a merchant and I accept payments using a Paytm QR code, Paytm soundbox or Paytm POS terminal, linked to another bank account (not with Paytm Payments Bank). Can I continue to use this set-up even after March 15, 2024?
Yes. If your receipt and transfer of funds is linked to any bank account other than Paytm Payments Bank, you can continue to use this arrangement even after March 15, 2024.
“As pioneers of QR code, soundbox and mobile payments in India, we have always been at the forefront of the Digital revolution in India. With this ‘India’s every Paytm QR & Soundbox will keep working Today, Tomorrow, Always’ campaign, we aim to dispel any rumours, and confirm that our innovative devices will continue to empower merchant partners with seamless payments.”
– Paytm Spokesperson said
We were the first to launch QR code-based payments in India. We also pioneered audio-based confirmations with our Paytm Soundbox, which revolutionised in-store payments in the country. Our payment devices have seen widespread adoption by merchants, enabling small and medium businesses with robust growth.
