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Tag: merchants

One-third Indian shoppers switch to newer merchants for grocery needs amid virus outbreak: Survey

A third of Indian shoppers have switched loyalties and begun purchasing from newer merchants for their grocery requirements after the COVID-19 outbreak, a survey by the a global consultancy has found. In what can cause some distress, more than a third of those who have switched to a newer merchant will not go back to …

One-third Indian shoppers switch to newer merchants for grocery needs amid virus outbreak: SurveyRead More

Paytm to invest Rs 500 crore to train offline merchants in QR payments, Retail News, ET Retail

BENGALURU: SoftBank and Alibaba-backed digital financial services company Paytm plans to invest Rs 500 crore over the next year to integrate its offline merchants into seamless QR code-based payments that will directly land into their bank accounts. This will remove the restrictions that the merchants previously had on amount they could accept or charges they …

Paytm to invest Rs 500 crore to train offline merchants in QR payments, Retail News, ET RetailRead More

Paytm looks to bring 10m more merchants on board, Retail News, ET Retail

BENGALURU: Paytm founder Vijay Shekhar Sharma said the company is aiming to onboard 10 million new merchants, taking the total tally to 26 million by the end of the year as the mobile payments major continues to double down despite industry worries over zero merchant discount rate (MDR). The SoftBank and Alibaba-backed company, valued at …

Paytm looks to bring 10m more merchants on board, Retail News, ET RetailRead More

Paytm’s merchandise for merchants logs over 2 lakh orders, Retail News, ET Retail

New Delhi : Leading digital payments platform Paytm has received a record two lakh orders in two weeks — clocking almost over 20,000 orders daily — for its newly-launched merchandise for businesses. Paytm has launched an array of utility merchandise for businesses including calculators, power banks, clocks, pen stands and radio which merchants can use …

Paytm’s merchandise for merchants logs over 2 lakh orders, Retail News, ET RetailRead More

Paytm to get two million merchants on board from the eastern region in 2020, Retail News, ET Retail

KOLKATA: Paytm on Thursday announced that it will bring on board two million merchants in the next one year from the eastern region including West Bengal, Assam, Jharkhand and Orissa. This is after the recent launch of all-in-one QR for merchants across the country which has already enabled over two million merchants in the East …

Paytm to get two million merchants on board from the eastern region in 2020, Retail News, ET RetailRead More

KPMG: Online, mass merchants will grab biggest share of holiday purchases

Consumers will be spending more on holiday gifts this year and also doing more of their shopping online.  Average holiday season spending is expected to rise by 5% this year, with average spending per person to increase to $768, compared to $730 in 2018, according to KPMG’s 2019 holiday shopping report, “Prepping for the Holidays …

KPMG: Online, mass merchants will grab biggest share of holiday purchasesRead More