In a major step forward for mobile payments, Paytm, one of India’s leading digital payment platforms, has officially launched its new 'Receive Money QR Widget' for smartphones. The move is expected to simplify the way users and businesses can receive payments instantly using QR codes, making digital transactions more accessible and seamless.
The new feature allows users to generate a personalized QR code directly from their smartphones, enabling them to receive money without any hassle. Whether you're a small business owner, a freelancer, or simply someone who wants to receive payments from friends or family, this feature eliminates the need for complex account details or third-party apps. All it takes is a simple scan, and the payment is transferred securely.
Paytm’s new widget comes with a range of features designed to make the process as smooth as possible. It integrates seamlessly with the Paytm app, and users can easily customize the widget's appearance for their needs. Whether it’s for collecting payments at a local store or sharing a payment link with a client, the tool is designed to cater to various use cases.
“Digital payments are growing rapidly in India, and we want to make the experience even more effortless for our users,” said a Paytm spokesperson during the launch event. “With the Receive Money QR Widget, we aim to provide a simple, secure, and fast way for people to send and receive money directly from their smartphones.”
The widget also allows businesses to accept payments without the need for any additional hardware like POS machines, making it especially attractive for small-scale entrepreneurs and vendors. This move comes at a time when mobile payments are seeing a surge, with both consumers and merchants increasingly shifting to digital transactions.
As India continues its push toward a cashless economy, Paytm’s latest innovation is expected to further accelerate the adoption of mobile payments, helping bridge gaps in financial inclusion and creating new opportunities for users and businesses alike.