Paytm deploys 10,000 devices for digitising panchayat payments
Paytm has deployed nearly 10,000 payment devices such as soundbox, QR codes and card machines for the gram panchayats of several states in India, the company announced today.
ET wrote on November 1 how temple donation payments and panchayat payments are going digital across the country and multiple pilots are being conducted.
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Offering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitNorthwestern UniversityKellogg Post Graduate Certificate in Product ManagementVisitIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitAt panchayat offices, multiple payments like property taxes, water bills, electricity bills and other payments are done by villagers. Most of this was done through cash, but now multiple state governments have embarked on digitising these payments with the help of payment companies.
The company has already received a mandate to implement QR/Card Machines and soundbox for more than 7,000 gram panchayats in Andhra Pradesh, in collaboration with major banks such as HDFC Bank, SBI, IDFC First Bank, and others. A direct mandate has also been received from Uttar Pradesh and Goa’s state department for the deployment of card machines and soundbox.
Additionally, Paytm has already digitised more than 1,200 gram panchayats through its QR code and soundbox solutions in Gujarat, Andaman & Nicobar Islands, Maharashtra and Assam.
“With the deployment of our iconic payment devices like soundbox, card machine and QR codes, we are redefining the digital landscape of gram panchayats and rural India. This will simplify fee collection processes for services like property tax, water bills, and
