Fintech
Paytm and Axis Bank collaborate on POS solutions
July 23, 2024
Written by FinTech Alliance in Financial Technology
Paytm has partnered with Axis Bank to enhance its point-of-sale (POS) solutions and card payment devices. This collaboration aims to provide merchants with efficient transaction capabilities and comprehensive store management services through Paytm’s EDC devices.
These devices offer features such as inventory management, invoice generation, and CRM integration. The partnership leverages Axis Bank’s extensive merchant network to expand Paytm’s reach, benefiting both entities by strengthening their offerings and supporting merchants’ business growth.