The process started over the weekend itself and Paytm is trying to sensitise as many merchants as possible before the deadline to ensure that their business transactions can continue unhindered."We have been asked to migrate as many QR codes as possible to alternate bank accounts by the month-end," said area sales executives FE spoke to.
Manoj Kumar, who works for the retail chain 'More'in Indirapuram, Ghaziabad, said that Paytm's field staff advised them to move the store's funds to other bank accounts before February 29. This comes against the backdrop of the panic that has spread among a section of merchants. As per a survey of 5,000 retailers on Paytm by Kirana Club, 68% of the respondents said their trust in the firm has taken a hit since the RBI diktat.
Bu hikaye Financial Express Mumbai dergisinin February 06, 2024 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin February 06, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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