rahul1117kumar
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After TOI first reported that payment networks
Visa and Mastercard had raised security concerns about Paytm 's newly launched in-app PoS feature for merchants, earlier in the day, the Noida-based company rolled back this service. At the time of filing the report, Paytm did not comment on the development.
The company said in a blog post , later in the day, that it will re-launch this product as soon as it has updated it. "Post our launch, we have had several discussions with stakeholders on how we can make this process even more secure. Based on some suggestions from the industry, we have decided to add additional certifications and features before making it available to merchants. We will re-launch this product as soon as we have updated the product. We are working closely with everyone in the cards ecosystem with the commitment to expand digital payment acceptance in the country," the company said.
paytm - ET Telecom
Visa and Mastercard had raised security concerns about Paytm 's newly launched in-app PoS feature for merchants, earlier in the day, the Noida-based company rolled back this service. At the time of filing the report, Paytm did not comment on the development.
The company said in a blog post , later in the day, that it will re-launch this product as soon as it has updated it. "Post our launch, we have had several discussions with stakeholders on how we can make this process even more secure. Based on some suggestions from the industry, we have decided to add additional certifications and features before making it available to merchants. We will re-launch this product as soon as we have updated the product. We are working closely with everyone in the cards ecosystem with the commitment to expand digital payment acceptance in the country," the company said.
paytm - ET Telecom
