Merchant Partners: One 97 Communications, the parent company of fintech company Paytm, has said that it has received support from small businessmen in this time of crisis. These merchant partners have expressed confidence in Paytm. In return, the company has assured them of continuing their services. The fintech company claims that these partners have full confidence in our ability to simplify the payment process.
Paytm is looking for banking partner
Fintech company Paytm is facing troubles due to the strict action taken by the Reserve Bank of India (RBI) against Paytm Payments Bank. RBI has banned banks from taking any kind of deposits after February 29. After this, Paytm had assured users and merchant partners in its blog post that the Paytm app and its services will continue to work at full capacity. The company has been working closely with many banks for the last 2 years. Therefore, the company will easily get the support of the banking partner.
Many companies want to use the services
According to Paytm, Satya N Satyendra, COO of its partner company Hotspots Retail Private Limited, has said that we have been working with the fintech company for 2 years. I want people to keep using Paytm's services. Meanwhile, Smaaash CMO Avneesh Agarwal said that being a family entertainment brand, we use Paytm's QR and card machines. We have received full support from Paytm and are satisfied with their services.
Paytm will continue to provide support to customers and companies
Pankaj Maniyar of BIBA Fashion said that his company's stores use Paytm's QR devices and card machines. We have not faced any problem related to payment. Our customers also trust Paytm. After this support from merchant partners, Paytm said that our team is constantly ready to help its customers and partner companies.
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