Tag Archives: Waives

Paytm Waives Off Merchant Fees on Offline Transactions

Paytm announced Wednesday that it is waiving off per-transaction merchant fees for wallet transactions made offline, to drive adoption of its wallet. There are only 1.3 million PoS (point of sale) terminals in India, which are typically given to more established outlets that meet the bank’s stringent KYC norms, said Nitin Misra, head of payment products at Paytm. Merchants often ... Read More »