- On 8th March, The Hyderabad Metro along-with Paytm to launch the QR-code-based metro ticketing system at Rasoolpura Metro Station.
- Its Objective,
- It will enable customers to Travel seamlessly and Avoid Queues to Buy tokens at the Metro stations.
- Due to this, Passengers can easily purchase a ticket by using the Paytm app, and the QR code will be displayed at the Automatic Fare Collection (AFC) gates.
- About Paytm,
- Paytm is an Indian e-commerce company, which was founded in August 2010 by Vijay Shekhar Sharma. Its headquarters is at Noida, Uttar Pradesh.
- Paytm app is available in 11 Indian languages.
- It offers various features to its customers including Mobile & DTH Recharges, Bill Payments, Travel, Movies as well as in-store payments at grocery stores.
- Due to this app, Customers can easily pay all of Bills & Payments by using Paytm QR code.
- Paytm CEO & President - Vijay Shekhar Sharma
- Paytm Vice-President - Ajay Shekhar Sharma.
- What is QR-code?
QR code full name Quick Response Code, and it is the trademark for a type of matrix barcode. It was firstly designed by the Automotive Industry of Japan in 1994.
Published On : 09 Mar 2020
Current Affair