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QR Codes help payment firms up offline play

Monday, July 29, 2019, 11:07 AM

Digital payments companies are increasingly looking at offline payments and trying to capture a larger share of this market by means of QR (Quick Response) codes. While Paytm, PhonePe and Google Pay offer QR codes and acquire their own merchants as well, entities like BharatPe act as aggregators, onboarding merchants for all forms of Unified Payments Interface (UPI)-based payments.
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Paytm launches Tap Card: Allows offline payments in 0.5 seconds

Sunday, April 29, 2018, 6:36 PM

Paytm has launched Tap Card to make digital payments at merchant outlets without using the internet. This is an NFC-based offline payments solution that has been introduced in collaboration with digital payments company Yeldi.com. Paytm claims that through the Tap Card, payments can be made in 0.5 seconds and is touting it to be India's first "truly offline payments solution."