Paytm Goes Digital in Ayodhya, Signs MoU with Nagar Nigam for Seamless Payments Ahead of Ram Mandir Inauguration
New Delhi: Gearing up for the highly anticipated inauguration of the Ram Mandir in Ayodhya, Paytm, India's leading digital payments platform, has signed a strategic Memorandum of Understanding (MoU) with Ayodhya Nagar Nigam. This collaboration aims to transform the holy city into a digital payments haven, facilitating seamless transactions for millions of devotees expected to visit during the momentous occasion.
The MoU paves the way for integrating Paytm's innovative payment solutions across various Nagar Nigam facilities. Devotees can now make cashless payments using Paytm's ubiquitous QR codes, the user-friendly Soundbox, and conveniently placed card machines at various departments. This initiative extends beyond the Ram Mandir inauguration, as Paytm will also deploy card machines at cash collection centers under State Nagar Nigam departments, driving financial inclusion across the city.
"Ahead of the much-anticipated inauguration of Ram Mandir, Paytm is thrilled to collaborate with Ayodhya Nagar Nigam to ensure convenient and secure digital/mobile payment solutions for the millions of devotees visiting the sacred city," said Abhay Sharma, Chief Business Officer - Payments, Paytm. "This partnership reflects our commitment to supporting the local community and working in tandem with government initiatives."
Echoing the sentiment, Girish Pati Tripathi, Mayor of Ayodhya Nagar Nigam, stated, "As Ayodhya prepares to welcome millions of devotees for the inauguration of the Ram Mandir, we are pleased to partner with Paytm to ensure a smooth and efficient digital payment experience. We look forward to a successful partnership with Paytm in enhancing the overall convenience and digital infrastructure in Ayodhya."
This strategic partnership marks a significant step for Paytm, further solidifying its leadership position in in-store payments. With over 92 lakh Paytm-pioneered devices deployed across India as of September 2023, the company continues to revolutionize the way people transact, especially in smaller towns and cities.
Paytm signs MoU with Ayodhya Nagar Nigam to enable cashless payments in various departments.QR codes, Soundbox, and card machines will be available for seamless transactions.
Partnership extends beyond Ram Mandir inauguration, supporting financial inclusion in Ayodhya.Collaboration aligns with Paytm's commitment to local communities and government initiatives.Paytm strengthens its leadership in in-store payments with over 92 lakh devices deployed.
This news is sure to resonate with millions preparing to visit Ayodhya for the Ram Mandir inauguration. Paytm's digital payment solutions offer a convenient and secure way to manage finances during their pilgrimage, while simultaneously contributing to the city's digital transformation.
