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Marg ERP and Paytm join hands to resolve MSMEs payment issue digitally

Enterprise solutions provider – Marg ERP has partnered with Paytm to facilitate seamless transactions for MSMEs with the help of new integrated payments solution called MargPay developed by MARG ERP Limited.

MargPay will enable MSMEs to keep track of all their receipts and payments made through multiple payment methods thus helping them to reconcile payments efficiently in a cost effective manner.

Krishnam Raju, CEO – Marg ERP limited, said -“MARGPAY is an easy to use platform with user friendly interface. It will also be very easy for merchants to connect it with their billing and accounting system with minimum effort. Furthermore, this partnership of two digital giants of the country will also extend to Paytm Payments Bank Limited powering Marg Pay’s nodal bank account.”

Speaking on this partnership, Saloni Malhotra, Vice President – Paytm said, “It has been our constant endeavour to empower MSMEs across the country with the best payment acceptance and reconciliation solutions to help them join the digital ecosystem. We want to enable them with technology solutions that help them maintain their records and also aid in expanding their businesses. With this partnership, with Marg ERP, we aim to reach a step closer to Atmanirbhar Bharat, where MSMEs have all the digital means to become self-reliant.”

Paytm Payment Gateway, with over 50% market share in processing transactions through Wallet, UPI, cards and net-banking, offers several innovative services, such as Payouts & Recurring payments, OTP less card payments, instant refunds, and pre-authorization flow that addresses the needs of both B2B and B2C companies.

AK

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