The company is planning to invest around $100 million, which roughly translates to Rs 760 crore in Paytm.
Paytm Payments Bank will issue Visa virtual debit cards to its customers, which will enable them to transact at all merchants accepting payments through cards.
Paytm for Business application enables large and small businesses to track and pay all their payments from one place. One can use APIs or Paytm for Business Dashboard to make bulk payments to Paytm Wallet, Bank Accounts and UPI addresses instantly.
Paytm All-in-One Android POS helps merchants to accept payments through Paytm Wallet, all UPI based apps, Debit and Credit Cards and Cash.